Recovery and Reduction of Non-Performing Loans – Podgorica Approach
Loan portfolio of Montenegro’s banking sector was largely affected by the growth in past due loans during the current financial crisis. High level of these loans limits banks’ lending activity which results in a decline in credit supply. Negative effects of the non-performing loans’ growth reflected...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Sciendo
2014-09-01
|
Series: | Journal of Central Banking Theory and Practice |
Subjects: | |
Online Access: | http://www.degruyter.com/view/j/jcbtp.2014.3.issue-3/jcbtp-2014-0017/jcbtp-2014-0017.xml?format=INT |