tailieunhanh - SAVINGS BANKS AND THE DOUBLE BOTTOM-LINE: A profitable and accessible model of finance

Another key element in this regard is the creation of attractive investment packages for potential buyers, possibly with government financial support. If the government does not have sufficient access to specialized knowledge for the effective restructuring and management of assets, taxpayers may be forced to cover disproportionately high losses, despite a purchase price that accurately reflects the underlying value of the illiquid assets. Generally, the acquisition of financial experts for the formation of a bad bank is no simple task, as there is a shortage of individuals with the requisite expertise, even at the international level. The. | ưì 52 September 2006 SAVINGS BANKS AND THE DOUBLE BOTTOM-LINE A profitable and accessible model of finance ưì WORLD SAVINGS BANKS INSTITUTE EUROPEAN SAVINGS BANKS GROUP SAVINGS BANKS AND THE DOUBLE BOTTOM-LINE A profitable and accessible model of finance A study sponsored by World Savings Banks Institute for the World Bank and Brookings Institute Global Conference on Access to Finance - May 2006 By Stephen Peachey Oxford Policy .

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