Non-Performing Loans Asia Summit 2021

The financial crisis spurred by the global pandemic has caused a proliferation of loan defaults worldwide. The pandemic related strict containment measures-restrictions to transport, labour mobility, and workplace closures-are supply and demand shocks that could cost the global economy as much as $8.8 trillion. Banks in APAC region expect to see the largest increases in NPLs due to the greater severity of economic shocks to their economies and the historically poor performance of certain loan types.

The program allows Asian countries to learn from each other and to ensure that they deploy the most suitable resolution instruments or a combination thereof to promote reform momentum and open opportunities for cooperation and collaboration among key stakeholders.

The key focus of the summit is to share good practices and exchanges of country experiences in the successful recognition, management, and resolution of NPLs which continue to burden many countries' financial systems. Sharing country experience and case studies with NPLs resolution strategies which examine the causes and consequences of persistently high NPLs in the APAC region and proposes a multifaceted approach for tackling the problem.