01861cas a2200265 a 4500 AALejournalIMF016947 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498357036 1018-5941 BD-DhAAL BD-DhAAL Garrido, Jose. Cleaning-up Bank Balance Sheets : Economic, Legal, and Supervisory Measures for Italy / Jose Garrido, Emanuel Kopp, Anke Weber. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (33 pages) IMF Working Papers <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 To stabilize and bring down nonperforming loans (NPLs) in the Italian banking system, the Italian authorities have been implementing a number of reforms, aimed among others at speeding up insolvency and enforcement proceedings, strengthening bank corporate governance, cleaning up balance sheets, and facilitating bank consolidation. This paper examines the Italian banking system's NPL problem, which ties up capital, weighing on bank profitability and authorities' economic reforms. It argues for a comprehensive approach, encompassing economic, supervisory, and legal measures. The authorities' reforms are important steps toward this end. The paper describes measures that could further support their actions. Mode of access: Internet Kopp, Emanuel. Weber, Anke. IMF Working Papers; Working Paper ; No. 2016/135 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/135/001.2016.issue-135-en.xml IMF e-Library