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Impact of Credit Restructuring on the Quality of Bank Asset Portfolio. A Cluster Analysis Approach

Author

Listed:
  • Nicolae Dardac

    (The Bucharest Academy of Economic Studies, Romania)

  • Teodora Cristina Barbu

    (The Bucharest Academy of Economic Studies, Romania)

  • Iustina Alina Boitan

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

In this paper we proposed an analysis of the financial crisis impact on the procedures for management of loan portfolios in several banking systems. Despite ample liquidity injection programs implemented by major central banks and government actions, credit risk remains a key challenge of the current banking systems. On a medium term, the high percentage of bad loans has become a structural vulnerability. To maintain an acceptable quality of loan portfolios and not to damage the prudential and profitability indicators, credit institutions in EU member states have proceeded to apply various techniques for credit restructuring. The quantitative analysis carried out in the last part of the paper revealed a relatively moderate granularity of banking systems considered, in terms of capitalization, volume of bank reserves and net provisions, in response to the persistent trend of loan portfolio deterioration.

Suggested Citation

  • Nicolae Dardac & Teodora Cristina Barbu & Iustina Alina Boitan, 2011. "Impact of Credit Restructuring on the Quality of Bank Asset Portfolio. A Cluster Analysis Approach," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 3(3), pages 162-173, June.
    • Handle: RePEc:dug:actaec:y:2011:i:3:p:162-173
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    References listed on IDEAS

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    1. repec:aia:aiaswp:wp84 is not listed on IDEAS
    2. Thomas Laryea & Luc Laeven, 2009. "Principles of Household Debt Restructuring," IMF Staff Position Notes 2009/15, International Monetary Fund.
    3. Kok, Christoffer & Puigvert Gutiérrez, Josep Maria, 2006. "Euro area banking sector integration: using hierarchical cluster analysis techniques," Working Paper Series 627, European Central Bank.
    4. Thomas Laryea & Mr. Luc Laeven, 2009. "Principles of Household Debt Restructuring," IMF Staff Position Notes 2009/015, International Monetary Fund.
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