bad bank


Also found in: Financial.

bad bank

n
a financial institution set up to hold and manage underperforming assets owned by other banks
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References in periodicals archive ?
BANKING AND CREDIT NEWS-June 24, 2019--Duetsche Bank queried about bad bank proposals
M2 EQUITYBITES-June 24, 2019--Duetsche Bank queried about bad bank proposals
A new business for disposing of assets and discontinued operations, also known as a "bad bank," could be used flexibly, whether the company strikes a deal or not, Strasburg notes.
Meanwhile, presidential candidate and Diko leader, Nicolas Papadopoulos, yesterday brought up the idea of setting up a bad bank that would buy all the NPLs from the three local banks, thus ridding them of the problem.
The creation of a 'bad bank' will speed up resolution of stressed assets in the banking system, but it will also require significant capital infusion in the state-run banks to meet any shortfall, says a report.
THE Irish Government is to order an inquiry into the controversial PS1.2billion sale of Northern Ireland property assets by bad bank Nama.
London: Heta creditors' rejection of an offer from the Austrian authorities prolongs uncertainty over the bad bank's resolution and the solvency of the State of Carinthia, but Austria's general government debt figures already fully capture the associated liabilities, Fitch Ratings says.
If there is one thing that shows the extremity of stress that India's banks, especially government-owned, are facing, it is the increasing frequency with which these two words - Bad Bank - are being used in North Block, home to the finance ministry.
Under the Bank of Portugal plan, all holders of the five selected bonds will see 100 percent of their holdings transferred to the bad bank and incur large losses.
The deal would create a so-called bad bank in line with EU rules on state aid.
June 18 (SeeNews) - Heta Asset Resolution, the bad bank tasked with winding down the assets of Austrian lender Hypo Alpe Adria, Wednesday said it had "capital shortfalls" of EUR 7 billion (USD 7.96bn) as of end-2014.
The proposal to create an asset management company, or bad bank, using remaining funds from the Hellenic Financial Stability Fund (HFSF), to deal with NPLs is potentially positive for the banks' asset quality.