|
:''For a more literal "bad bank" see bank fraud.'' A bad bank is a corporate structure created by a troubled bank to isolate illiquid and high risk securities. A bank may accumulate a large portfolio of debts or other financial instruments which unexpectedly increase in risk, making it difficult for the bank to raise capital, for example through sales of bonds. In these circumstances, the bank may wish to segregate its "good" assets from its "bad" assets through the creation of a bad bank. The goal of the segregation is to allow investors to assess the bank's financial health with greater certainty.〔 In addition to segregating or removing the bad assets from the parent bank's balance sheet, a bad bank structure permits more specialized management. The good bank can focus on its core business of lending, and the bad bank can specialize in maximizing value from the high risk assets. Such institutions have been created to address challenges arising during an economic credit crunch to allow private banks to take problem assets off their books. The financial crisis of 2007–2010 resulted in bad banks being set up in several countries. For example, a bad bank was suggested as part of the Emergency Economic Stabilization Act of 2008 to help address the subprime mortgage crisis in the US. In the Republic of Ireland, a bad bank, the National Asset Management Agency was established in 2009, in response to the financial crisis in that country. ==Models== In a 2009 report, McKinsey & Company identified four basic models for bad banks.〔 In an on-balance-sheet guarantee, the bank uses some mechanism (typically a government guarantee) to protect part of its portfolio against losses. While simple to implement, this situation is difficult for investors to assess. In an internal restructuring, the bank creates a separate unit to hold the bad assets. This solution is more transparent, but doesn't isolate the bank from risk. In a Special purpose entity (SPE), the bank transfers its bad assets to another organization, typically government backed. This solution requires significant government participation. Finally, in a bad bank spinoff, the bank creates a new, independent bank to hold the bad assets. This completely isolates the original bank from the risky assets. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「bad bank」の詳細全文を読む スポンサード リンク
|