In the past decade, asset management companies (AMCs) have been an effective tool for relieving banks of large portfolios of non-performing loans (NPLs). Managed over time, AMCs can reduce the financial burden on the overall system.
The aim of this project is a report, based on the existing literature and EU experiences of national AMCs created in the aftermath of the global financial crisis.
The report discusses the advantages and disadvantages of using AMCs, and considers the key elements in their design.
