Transforming Debt to Opportunity: ADB’s Vision for NPL Trading in Asia-Pacific ...Middle East

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Transforming Debt to Opportunity: ADB’s Vision for NPL Trading in Asia-Pacific
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As the global economy faces challenges from the pandemic, geopolitical tensions, and economic uncertainties, the Asian Development Bank (ADB) has taken a significant step to address these issues. The ADB's recent report, "How to Build Nonperforming Loan Trading Platforms in Asia and the Pacific: Issues and Processes," provides a comprehensive guide on establishing and operating nonperforming loan (NPL) trading platforms to enhance financial stability across the Asia-Pacific region.The Need for NPL Trading PlatformsAlbert Park, Chief Economist and Director General of ADB’s Economic Research and Development Impact Department underscores the importance of NPL trading platforms in the foreword o

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