The impacts of resolution n. 2.682 and programs to restructure the National Financial System on the provision level of the banking sector's credit portfolio
DOI:
https://doi.org/10.1590/S1519-70772008000200005Keywords:
National Financial System (SFN), Banking Sector, Provision for Doubtful Liquidation Credit, Restructuring of the SFN, Financial InstitutionsAbstract
After the implantation of the Plano Real, the Sistema Financeiro Nacional - SFN (National Financial System) started going through great and significant changes. The rising of interest rates and the end of the inflationary revenues brought along the risk of bankruptcy for some financial institutions. In this context, the government launched a series of measures in order to reorganize the national financial system, particularly Resolution No. 2.682 of the Conselho Monetario Nacional - CMN (National Monetary Council), aiming at improving regulations on financial institutions' provisioning of credit portfolios. This study intends to answer the following question: what is the impact of resolution No. 2.682 and the Restructuring Programs of the National Financial System on the financial institutions' level of Provisão para Creditos de Liquidação Duvidosa - PCLD (Doubtful Liquidation Credit Provision)? A documental and bibliographical research was carried out, as well as a behavioral analysis of the credit portfolio of the National Financial System. The study reveals that, after the reorganization programs implanted by the government and the provisioning regulation edited by the CMN, there was a change in the provisioning status of credit portfolios, which rose from 2.2% in December 1995 to 8.8% registered in December 2005.Downloads
Downloads
Published
Issue
Section
License
The content of the article(s) published in the RC&F are of the entire liability of the authors, including with regard to the truth, updating and accuracy of data and information. The authors shall assign the rights in advance to the Department of Accounts and Actuarial Sciences of the FEA/USP, which shall permit the publication of extracts or of the whole, with prior permission, provided that the source is cited (Creative Commons – CCBY).
RC&F shall not charge a fee for the submission of articles. The submission of articles to RC&F shall imply that the author(s) authorizes/authorize its publication without the payment of author’s rights.
The submission of articles shall authorize the RC&F to adjust the text of the article(s) to their publication formats and if necessary, to make spelling, grammar and regulatory changes.