01752cas a2200241 a 4500 AALejournalIMF016780 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484344101 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of San Marino : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (30 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper offers elements of a possible strategy to deal with San Marino's nonperforming loans (NPLs). It provides a brief overview of the reasons behind the accumulation of impaired assets by Sammarinese banks. This paper also presents some stylized facts regarding the nature and composition of San Marino's problem loans. Further, it summarizes the experience of other small economies in dealing with weak banks and NPLs, with a view to drawing policy lessons. This paper also discusses recent measures implemented by the Sammarinese authorities to address weak financial institutions and their problem assets and examines the main impediments to deal with NPLs in San Marino's legal and tax framework. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/112 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/112/002.2016.issue-112-en.xml IMF e-Library