ABCDEFG
1
Loan Modifications, Non-Performing Loans, and Accounting Relief
2
Yale Program on Financial Stability
3
Working Document - Updates in Progress
4
5
Purpose: This document provides an overview of Loan Modifications, Non-Performing Loans, and Accounting Relief. It highlights programs that were extended, modified, or created in response to the COVID-19 Crisis. It also provides a list of interesting features and relevant evaluations a policymaker should pay special attention to when designing such a program. Loan Modifications, Non-Performing Loans, and Troubled Debt Restructuring implemented in response to Covid-19 are also cataloged.
6
7
Blog Post: Authorities Urge Prudence in Loan Loss Accounting
8
For a discussion of NPL and Accounting relief based on this resource guide, please see the linked blog post, which highlights key design decisions.
9
10
Tab 1: Programs
11
High-level overviews of programs are summarized by country, with specific attention paid to extension/expansion of existing programs and additional programs. Supporting documentation is provided.
12
Tab 2: Interesting Features
13
Interesting design features of programs from Tab 1 are listed and categorized by type of design decision. Yellow highlighting indicates that the specific feature warrants caution, and the reason for caution is provided.
14
Tab 3: Evalutions
15
Compiles key takeaways from evaluations of specific programs. Evaluations include those related to program usage, such as official reports, or evaluations of the effectiveness of the program.
16
Tab 4: General Resources
17
A repository for relevant or general information. Other documents are added as identified.
18
19
For questions about this document, please contact: ypfs@yale.edu
20
21