tended to fall following privatization in provinces that privatized (although the drop...residual entity meant that provincial bank privatization was
associated with a...
insolvency is satisfied, i.e., that in none of the exposed
banks does the CAR drop...the
increase in non-performing loans.30 Macroeconomic shock scenarios (e.g. a...
negative 2
percent, at a time when flash estimates were already pointing
to a drop...by observing that the pace of
growth of non-performing loans relative to the...
