ISSN: 1998 - 4162

JISR MSSE Journal Contents

Volume 8, Number 2, July 2010

Intermediation Cost and Non-Performing Financing: A Case Study of Pakistan
Azam Ali - State Bank of Pakistan, Karachi, Pakistan

The instinct of bankers is to keep the borrowers alive through recycling and renewals of bad loans into loans, a window dressing exercise; or worse yet, advancing additional fresh loans to effectively insolvent borrowers to tide over what is perceived as cash flow problems and forthcoming illiquidity, thereby getting deeper into financial distress...


You will need Adobe Acrobat Reader to read this document.
Download Adobe Acrobat Reader
DISCLAIMER: All views expressed in the journal are those of the authors and not necessarily reflect the policies or preferences of JISR-MSSE or SZABIST.