Tài chính tiền tệ, Zombie bank nói về ngân hàng xác sống vào từ giai đoạn khủng hoảng tài chính đến nay, được luật phá sản và luật ngân hàng sửa đổi, hiện tại 2020 ngân hàng 0 đồng vẫn chưa có hướng giải quyết zombie banks triệt để
ZOMBIE BANK Types of zombie What is zombie bank? Limitation 01 02 03 04 05 06 banks Examples Coronavirus (Covid19) ? Conclusion A zombie bank is a bank that would not continue existing without WHAT IS ZOMBIE BANK? government help, either in the form of bailouts or some kind of guarantee or credit support Its economic net worth is less than zero – if you add up all its assets and deduct its liabilities, you end up with a negative number A zombie bank is an insolvent financial institution that is able to continue operating thanks to explicit or implicit support from the government They have large amounts of nonperforming assets on their balance sheets and are kept afloat to prevent panic from spreading to healthier banks 1 WHAT IS ZOMBIE BANK? - A zombie bank is an insolvent financial institution - A net value less than zero, - Total liabilities are greater than total assets - All contributed capital - registered capital no longer exists but is still allowed to operate (supported by the government) TYPES OF ZOMBIE BANK TYPES OF ZOMBIE BANK - The first group is the zombie bank group that has not been "exposed" - The second group is the group of zombie banks that have been exposed LIMITATION LIMITATION - Shutting down struggling banks can incite widespread panic - By not liquidating zombie banks, investors’ capital is trapped, instead of being put to more productive use “Extend and pretend regime.” – “ Thế giới mở rộng và giả vờ” —BY RAGHURAM RAJAN EXAMPLES SHOW OBVIUOSLY Ocean Commercial Joint Stock Bank (Ocean Bank), Total bad debts December 31, 2015 were VND 476.86 trillion (roughly US$21 BANKS “ZERO VND” IN VIETNAM billion), accounting for 8.85 per cent of total outstanding loans Construction Bank (CB Bank) Financial Institutions would not be subject to the Law on Bankruptcy The SBV was therefore forced to buy weak commercial banks as a last resort, with no other possible solution being available Global Petroleum Commercial Joint Stock Bank (PGBank) Japan When its real estate bubble collapsed in 1990, Japan kept its insolvent banks going, rather than recapitalizing them or letting BANKS OF FOREIGN COUNTRIES IN THE PAST FCRISIS them go bust, as the U.S did during the S&L crisis Nearly 30 years later, Japan's zombie banks still have large amounts of non-performing loans on their books Instead of helping Japan to EXAMPLES SHOW recover, these banks locked its economy into a deflationary trap that it has never escaped from Europe In its desperation to avoid becoming Japan after the 2008 global financial crisis, the Eurozone made the same mistake Zombie banks, stuffed with toxic liabilities, have increased lending to existing impaired borrowers, instead of financially healthy or new borrowers This zombie lending behavior by distressed banks, designed to avoid realizing losses on outstanding loans, has led to a significant misallocation of credit, which has hurt creditworthy firms No other economy has taken longer to recover OBVIOUSLY Coronavirus And The Zombie Attack On Indian Banks WILL CORONAVIRUS CREATE ZOMBIE BANKS ? CONCLUSIONS OF THESE POINTS ! FINANCE CURRENCY A zombie bank is an Restoring banks back to health They are kept afloat to insolvent financial can cost hundreds of billions of prevent panic from institution that is able to dollars, weigh on economic spreading to healthier continue operating growth, and prevent investors banks THANKS ... OBVIOUSLY Coronavirus And The Zombie Attack On Indian Banks WILL CORONAVIRUS CREATE ZOMBIE BANKS ? CONCLUSIONS OF THESE POINTS ! FINANCE CURRENCY A zombie bank is an Restoring banks back to health They... the government) TYPES OF ZOMBIE BANK TYPES OF ZOMBIE BANK - The first group is the zombie bank group that has not been "exposed" - The second group is the group of zombie banks that have been exposed... Types of zombie What is zombie bank? Limitation 01 02 03 04 05 06 banks Examples Coronavirus (Covid19) ? Conclusion A zombie bank is a bank that would not continue existing without WHAT IS ZOMBIE