In this paper, we explore the determinants of non-performing loans (NPLs) in Asia using a panel data set across 9 countries covering Middle East, Southeast (SEA) and South over period 2000 to 2014, test whether those affect differently. The two-step System GMM results indicate that GDP growth liquid assets total significantly NPLs negative manner, while is no different from other regions despit...

We investigate the foreclosure policy of collateral-based loans in which the endogenous collateral value plays a crucial role. If creditors are able to commit, then the equilibrium arrangement is more likely to feature forebearance lending by specifying a lower level of liquidation (or roll over all of the loans) relative to the expost efficiency criterion for each realization of the interim si...