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

Abstract
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...

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