Almost four years have passed since the Italian government introduced a State guarantee scheeme for the securitization of banks' bad loans (the so-called "GACS"). This paper first analyzes the reasons that justified the introduction of this new tool and the impact that it has produced on the secondary market for nonperforming loans and on the State's coffers.

La garanzia dello Stato sulle cartolarizzazioni delle sofferenze bancarie: tra ragioni e prime conseguenze

mariateresa maggiolino
2019

Abstract

Almost four years have passed since the Italian government introduced a State guarantee scheeme for the securitization of banks' bad loans (the so-called "GACS"). This paper first analyzes the reasons that justified the introduction of this new tool and the impact that it has produced on the secondary market for nonperforming loans and on the State's coffers.
2019
2019
Maggiolino, Mariateresa
File in questo prodotto:
File Dimensione Formato  
2019_02_RTDE_supplemento_2.pdf

accesso aperto

Tipologia: Pdf editoriale (Publisher's layout)
Licenza: PUBBLICO DOMINIO
Dimensione 2.5 MB
Formato Adobe PDF
2.5 MB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4023208
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact