Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey
Tough financing conditions, a contractionary economy, asset quality deterioration, capital, liquidity and funding problems cause serious problems in the banking sector. The existence of non-performing loans is one of the important items that cause deterioration of the banks' current situation....
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| Format: | Article |
| Language: | English |
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Adem Yavuz Sonmez
2019-12-01
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| Series: | Alınteri sosyal bilimler dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/884158 |
| _version_ | 1797905869599408128 |
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| author | Şule YÜKSEL YİĞİTER |
| author_facet | Şule YÜKSEL YİĞİTER |
| author_sort | Şule YÜKSEL YİĞİTER |
| collection | DOAJ |
| description | Tough financing conditions, a contractionary economy, asset quality deterioration, capital, liquidity and funding problems cause serious problems in the banking sector. The existence of non-performing loans is one of the important items that cause deterioration of the banks' current situation. While the growth of nonperforming loans not only wherret banking activities, but also affects the economy negatively. Loans that are defined as “Non-Performing Loans” and which are likely to turn into non-performing loans are considered as bad loans in banking. Cleaning the such bad loans from the banks’ balance sheets relief the situation of the banks and on the other hand creates a favorable environment for the economy. One of the time honored practice for cleaning the “Non-Performing Loans” from the banks’ balance sheets is asset management companies. In this study, non-performing loans in banks were discussed and asset management companies, which are considered as the gateway to this situation, were examined. Asset management companies are the companies that buy financial receivables that have become suspicious and have problems in collection and try to collect them by settling with debtors. Asset management companies buy bad loans, finance the bank or company, negotiate with borrowers, and play a financial and operational role in structuring. In this study, non-performing loans in banks were discussed and asset management companies, which are considered as the gateway to this situation, were examined. |
| first_indexed | 2024-04-10T10:12:05Z |
| format | Article |
| id | doaj.art-14b3f53cd4eb49fbb5cc313cde69b2e2 |
| institution | Directory Open Access Journal |
| issn | 2564-6583 2602-229X |
| language | English |
| last_indexed | 2024-04-10T10:12:05Z |
| publishDate | 2019-12-01 |
| publisher | Adem Yavuz Sonmez |
| record_format | Article |
| series | Alınteri sosyal bilimler dergisi |
| spelling | doaj.art-14b3f53cd4eb49fbb5cc313cde69b2e22023-02-15T16:22:06ZengAdem Yavuz SonmezAlınteri sosyal bilimler dergisi2564-65832602-229X2019-12-013210312010.30913/alinterisosbil.634527Losses in Bank Balance Sheets and Assets Management Companies: Assessment of TurkeyŞule YÜKSEL YİĞİTER0Erzincan Binali Yıldırım UniversityTough financing conditions, a contractionary economy, asset quality deterioration, capital, liquidity and funding problems cause serious problems in the banking sector. The existence of non-performing loans is one of the important items that cause deterioration of the banks' current situation. While the growth of nonperforming loans not only wherret banking activities, but also affects the economy negatively. Loans that are defined as “Non-Performing Loans” and which are likely to turn into non-performing loans are considered as bad loans in banking. Cleaning the such bad loans from the banks’ balance sheets relief the situation of the banks and on the other hand creates a favorable environment for the economy. One of the time honored practice for cleaning the “Non-Performing Loans” from the banks’ balance sheets is asset management companies. In this study, non-performing loans in banks were discussed and asset management companies, which are considered as the gateway to this situation, were examined. Asset management companies are the companies that buy financial receivables that have become suspicious and have problems in collection and try to collect them by settling with debtors. Asset management companies buy bad loans, finance the bank or company, negotiate with borrowers, and play a financial and operational role in structuring. In this study, non-performing loans in banks were discussed and asset management companies, which are considered as the gateway to this situation, were examined.https://dergipark.org.tr/tr/download/article-file/884158banking systemnon-performing loansasset management companydebt restructuring |
| spellingShingle | Şule YÜKSEL YİĞİTER Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey Alınteri sosyal bilimler dergisi banking system non-performing loans asset management company debt restructuring |
| title | Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey |
| title_full | Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey |
| title_fullStr | Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey |
| title_full_unstemmed | Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey |
| title_short | Losses in Bank Balance Sheets and Assets Management Companies: Assessment of Turkey |
| title_sort | losses in bank balance sheets and assets management companies assessment of turkey |
| topic | banking system non-performing loans asset management company debt restructuring |
| url | https://dergipark.org.tr/tr/download/article-file/884158 |
| work_keys_str_mv | AT suleyukselyigiter lossesinbankbalancesheetsandassetsmanagementcompaniesassessmentofturkey |