With the participation of:

Igor Marzo, Managing Partner, Argoss Partners, Mexico City

Carlos Ortiz-Cañavate, Managing Partner, Argoss Partners, Mexico City  

• Reasons why in severe crisis, Non-Performing Loans grow on banks' balance sheets.
• Challenges for banks to maximize recovery of bad loans.
• Most common structures for the management of bad loans:
  • Internal restructuring departments
  • Real Estate Asset Managers (Servicers)
  • Bad Bank
• Lessons from the past:
  • Private Bad Bank
  • Public Bad Bank

Presentation

With the participation of:

Igor Marzo, Managing Partner, Argoss Partners, Mexico City

Carlos Ortiz-Cañavate, Managing Partner, Argoss Partners, Mexico City  

The economic crisis caused by the spread of Covid19 is affecting multiple companies and sectors of the economy. A growing number of companies are initiating processes to restructure their debits under insolvency proceedings such as chapter 11 of the American law.

Debit restructuring processes play a very important role, particularly in the case of large corporations. Because of their size, their bankruptcy can have systemic effects on important parts of the financial system. The processes of restructuring debts, saving the particularities of the insolvency legislation of each country, often bear great similarities.

This videoconference aims to share the criteria used by consulting firms to identify companies whose insolvency could trigger systemic risks, as well as to present some recommendations for restructuring and analysis of refinancing options and the potential impacts of   these restructurings on financial institutions' provisions.

  Presentation

With the participation of:

• Paulo Sergio Neves de Souza, President of ASBA and Deputy Governor of Central Bank of Brazil
• Alejandro Werner, Director of the Western Hemisphere Department of the IMF
• Alexandre Tombini, Chief Representative for the Americas from the BIS
• Jorge Sicilia, Chief Economist of BBVA Group and Director of BBVA Research

MORE INFORMATION