Publication: Distressed Asset Management and Divestment Practices by Deposit Guarantee Funds in Serbia and Ukraine
dc.contributor.author | World Bank | |
dc.date.accessioned | 2024-10-11T18:52:15Z | |
dc.date.available | 2024-10-11T18:52:15Z | |
dc.date.issued | 2024-10-11 | |
dc.description.abstract | Effective and efficient management and sale of distressed assets helps minimize risks to financial stability and support economic growth. This paper summarizes the asset management and divestment experience of deposit guarantee funds in Serbia and Ukraine. It also provides some examples of practices from selected asset management companies in Western Europe. These could help inform policy decisions on the design of bank liquidation frameworks aimed at improving operational capacity. The examples suggest the following are key factors that contribute to successful distressed asset management and divestment: (i) sound governance practices and clear legal frameworks, (ii) comprehensive asset management and divestment strategies, (iii) active asset management and improvement of assets with safeguards in place to maximize return, (iv) transparent and prudent asset valuation, and (v) transparent and competitive asset sale. | en |
dc.identifier | http://documents.worldbank.org/curated/en/099091824135041448/P1437451c217f204e1bd571df76d2c84995 | |
dc.identifier.doi | 10.1596/42241 | |
dc.identifier.uri | https://hdl.handle.net/10986/42241 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC: World Bank | |
dc.rights | CC BY-NC 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | https://creativecommons.org/licenses/by-nc/3.0/igo | |
dc.subject | ASSET MANAGEMENT | |
dc.subject | fINANCIAL SECTOR LIABILITIES | |
dc.subject | MACROECONOMIC VULNERABILITY AND DEBT | |
dc.subject | FINANCIAL SECTOR DEVELOPMENT | |
dc.subject | SOCIAL PROTECTION AND LABOR | |
dc.subject | DECENT WORK AND ECONOMIC GROWTH | |
dc.subject | SDG 8 | |
dc.title | Distressed Asset Management and Divestment Practices by Deposit Guarantee Funds in Serbia and Ukraine | en |
dc.type | Report | |
dspace.entity.type | Publication | |
okr.crossref.title | Distressed Asset Management and Divestment Practices by Deposit Guarantee Funds in Serbia and Ukraine | |
okr.date.disclosure | 2024-10-11 | |
okr.date.lastmodified | 2024-09-26T00:00:00Z | en |
okr.doctype | Economic & Sector Work::Other Financial Sector Study | |
okr.doctype | Economic & Sector Work | |
okr.docurl | http://documents.worldbank.org/curated/en/099091824135041448/P1437451c217f204e1bd571df76d2c84995 | |
okr.guid | 099091824135041448 | |
okr.identifier.docmid | P143745-c217f2b6-ec06-484e-bd57-df76d2c84995 | |
okr.identifier.doi | https://doi.org/10.1596/42241 | |
okr.identifier.externaldocumentum | 34392882 | |
okr.identifier.internaldocumentum | 34392882 | |
okr.identifier.report | 193607 | |
okr.import.id | 5448 | |
okr.imported | true | en |
okr.language.supported | en | |
okr.pdfurl | http://documents.worldbank.org/curated/en/099091824135041448/pdf/P1437451c217f204e1bd571df76d2c84995.pdf | en |
okr.region.administrative | Europe and Central Asia | |
okr.region.country | Serbia | |
okr.region.country | Ukraine | |
okr.sector | Other Non-bank Financial Institutions,Banking Institutions | |
okr.theme | Financial Infrastructure and Access,Financial Stability,Financial inclusion,Finance,Private Sector Development,Regulation and Competition Policy,Business Enabling Environment,Financial Sector Integrity,Financial Sector oversight and policy/banking regulation & restructuring | |
okr.topic | Macroeconomics and Economic Growth::Economic Growth | |
okr.topic | Macroeconomics and Economic Growth::Economic Stabilization | |
okr.topic | Finance and Financial Sector Development::Strategic Debt Management | |
okr.unit | EFI-ECA-FCI-Finance-2 (EECF2) |
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