Cover Departmental Papers
Resolving Nonperforming Loans in Sub-Saharan Africa in the Aftermath of the COVID-19 Crisis
Author: Luc Eyraud, Irina Bunda, Jehann Jack, Mr. Tarak Jardak, Rasmané Ouedraogo1, Zhangrui Wang, and Torsten Wezel
  • 1 https://isni.org/isni/0000000404811396, International Monetary Fund
Series:
Departmental Papers
Volume/Issue:
Volume 2021: Issue 014
Language:
English
Publication Date:
08 Jun 2021
DOI:
https://doi.org/10.5089/9781513576510.087
ISBN:
9781513576510
ISSN:
2616-5333
Pages:
84
Keywords:
Nonperforming loans; credit risk; banking sector; Africa; Covid-19; default (finance); NPL ratio; resolution strategy; reduction target; NPL portfolio; ratios in SSA country; NPL write-off; removing legacy NPL; management strategy; Loans; Credit; Distressed assets; Financial soundness indicators; Sub-Saharan Africa; South Asia; West Africa
Legal-disclaimer:
The Departmental Paper Series presents research by IMF staff on issues of broad regional or cross-country interest. The views expressed in this paper are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Sub-Saharan African countries are facing an unprecedented health and economic crisis that is likely to severely hurt credit quality and raise non-performing loans from already high levels. Banks have a critical role to play not only during the crisis by providing temporarily relief to businesses and households, but also during the recovery by supporting economic activity and facilitating the structural transformations engaged by the pandemic.
Cover Departmental Papers
Departmental Papers
ISSN:
2616-5333
Publisher:
International Monetary Fund