Dealing with Distressed Financial Cooperatives : A Caribbean Experience

Dealing with Distressed Financial Cooperatives : A Caribbean Experience

This working paper analyzes the restructuring of a distressed systemic financial cooperative in the Caribbean and draw lessons for supervisors or policy makers. It explains how the cooperative was intervened, restructured and revived in less than nine months. It analyses how a major contagion impact...

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Bibliographic Details
Main Authors: Astaphan, Eleanor, Cerruti, Caroline, Gomez, Ruben
Format: Publications & Research
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
Bail-in
Building societies
Building and loan association
Communication strategy
Cooperative members
Credit union
Distressed
Regulatory framework
financial cooperatives
Financial supervisor
Liquidity management measures
Non-performing loans
Resolution
Restructuring
Turnaround plan
Online Access:http://hdl.handle.net/10986/21630

Internet

http://hdl.handle.net/10986/21630

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