DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Lex Humana |
Texto Completo: | https://seer.ucp.br/seer/index.php/LexHumana/article/view/2245 |
Resumo: | The paper is developed on the basis of the traditional legal analysis method combined with the comparative method to explain and clarify the advantages of handling weak commercial banks by bankruptcy proceedings compared to measures of consolidation, merger, acquisition or compulsory transfer. The research results show that the handling of weak commercial banks, that cannot be restored or compulsory transfer by bankruptcy proceedings, will completely solve the intrinsic weakness of the commercial banking system. In the legal framework on bankruptcy of credit institutions, including commercial banks, which is stipulated in the Law on Bankruptcy and the Law on Credit Institutions, prioritizing the treatment of weak commercial banks based on the method of consolidation, merger, acquisition or compulsory transfer is not the optimal solution, because weaknesses existing in the banking system are not completely handled, but only a transfer from one commercial bank to another. For the healthy development of banking activities under the market mechanism, the handling of weak commercial banks through bankruptcy proceedings should be applied in practice as a necessary factor in ensuring the stable and sustainable development of current banking operations. |
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DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERREDLIDAR COM BANCOS COMERCIAIS FRACOS NA REESTRUTURAÇÃO DO SISTEMA DE INSTITUIÇÕES DE CRÉDITO: DEVE SER DADA PREFERÊNCIA AOS PROCESSOS DE FALÊNCIAbankruptcy declarationthe stability of banking systemsweak commercial banksState Bank of VietnamThe paper is developed on the basis of the traditional legal analysis method combined with the comparative method to explain and clarify the advantages of handling weak commercial banks by bankruptcy proceedings compared to measures of consolidation, merger, acquisition or compulsory transfer. The research results show that the handling of weak commercial banks, that cannot be restored or compulsory transfer by bankruptcy proceedings, will completely solve the intrinsic weakness of the commercial banking system. In the legal framework on bankruptcy of credit institutions, including commercial banks, which is stipulated in the Law on Bankruptcy and the Law on Credit Institutions, prioritizing the treatment of weak commercial banks based on the method of consolidation, merger, acquisition or compulsory transfer is not the optimal solution, because weaknesses existing in the banking system are not completely handled, but only a transfer from one commercial bank to another. For the healthy development of banking activities under the market mechanism, the handling of weak commercial banks through bankruptcy proceedings should be applied in practice as a necessary factor in ensuring the stable and sustainable development of current banking operations.O artigo é desenvolvido com base no método tradicional de análise jurídica combinado com o método comparativo para explicar e esclarecer as vantagens de lidar com bancos comerciais fracos por meio de processos de falência em comparação com medidas de consolidação, fusão, aquisição ou transferência compulsória. Os resultados da pesquisa mostram que o manuseio de bancos comerciais fracos, que não podem ser restaurados ou transferidos compulsivamente por meio de processos de falência, resolverá completamente a fragilidade intrínseca do sistema bancário comercial. No marco legal sobre falência de instituições de crédito, incluindo bancos comerciais, que está estipulado na Lei de Falências e na Lei de Instituições de Crédito, priorizar o tratamento de bancos comerciais fracos com base no método de consolidação, fusão, aquisição ou transferência compulsória não é a solução ótima, pois as fraquezas existentes no sistema bancário não são completamente tratadas, mas apenas uma transferência de um banco comercial para outro. Para o desenvolvimento saudável das atividades bancárias sob o mecanismo do mercado, o tratamento dos bancos comerciais fracos através de processos de falência deve ser aplicado na prática como um fator necessário para garantir o desenvolvimento estável e sustentável das operações bancárias atuais.Universidade Católica de Petrópolis2022-10-17info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ucp.br/seer/index.php/LexHumana/article/view/2245Lex Humana (ISSN 2175-0947); Vol. 14 No. 2 (2022): AGO.-DEZ. ; 346-364Lex Humana (ISSN 2175-0947); v. 14 n. 2 (2022): AGO.-DEZ. ; 346-3642175-0947reponame:Lex Humanainstname:Universidade Católica de Petrópolis (UCP)instacron:UCPenghttps://seer.ucp.br/seer/index.php/LexHumana/article/view/2245/3333Copyright (c) 2022 Lex Humana (ISSN 2175-0947)https://creativecommons.org/licenses/by-nc-nd/4.0info:eu-repo/semantics/openAccessThe Giang, Vien 2023-02-27T09:54:30Zoai:ojs.pkp.sfu.ca:article/2245Revistahttp://seer.ucp.br/seer/index.php?journal=LexHumanaPUBhttp://seer.ucp.br/seer/index.php/LexHumana/oai||sergio.salles@ucp.br2175-09472175-0947opendoar:2023-02-27T09:54:30Lex Humana - Universidade Católica de Petrópolis (UCP)false |
dc.title.none.fl_str_mv |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED LIDAR COM BANCOS COMERCIAIS FRACOS NA REESTRUTURAÇÃO DO SISTEMA DE INSTITUIÇÕES DE CRÉDITO: DEVE SER DADA PREFERÊNCIA AOS PROCESSOS DE FALÊNCIA |
title |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED |
spellingShingle |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED The Giang, Vien bankruptcy declaration the stability of banking systems weak commercial banks State Bank of Vietnam |
title_short |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED |
title_full |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED |
title_fullStr |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED |
title_full_unstemmed |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED |
title_sort |
DEALING WITH WEAK COMMERCIAL BANKS IN RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS: BANKRUPTCY PROCEEDINGS SHOULD BE PREFERRED |
author |
The Giang, Vien |
author_facet |
The Giang, Vien |
author_role |
author |
dc.contributor.author.fl_str_mv |
The Giang, Vien |
dc.subject.por.fl_str_mv |
bankruptcy declaration the stability of banking systems weak commercial banks State Bank of Vietnam |
topic |
bankruptcy declaration the stability of banking systems weak commercial banks State Bank of Vietnam |
description |
The paper is developed on the basis of the traditional legal analysis method combined with the comparative method to explain and clarify the advantages of handling weak commercial banks by bankruptcy proceedings compared to measures of consolidation, merger, acquisition or compulsory transfer. The research results show that the handling of weak commercial banks, that cannot be restored or compulsory transfer by bankruptcy proceedings, will completely solve the intrinsic weakness of the commercial banking system. In the legal framework on bankruptcy of credit institutions, including commercial banks, which is stipulated in the Law on Bankruptcy and the Law on Credit Institutions, prioritizing the treatment of weak commercial banks based on the method of consolidation, merger, acquisition or compulsory transfer is not the optimal solution, because weaknesses existing in the banking system are not completely handled, but only a transfer from one commercial bank to another. For the healthy development of banking activities under the market mechanism, the handling of weak commercial banks through bankruptcy proceedings should be applied in practice as a necessary factor in ensuring the stable and sustainable development of current banking operations. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-10-17 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://seer.ucp.br/seer/index.php/LexHumana/article/view/2245 |
url |
https://seer.ucp.br/seer/index.php/LexHumana/article/view/2245 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://seer.ucp.br/seer/index.php/LexHumana/article/view/2245/3333 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2022 Lex Humana (ISSN 2175-0947) https://creativecommons.org/licenses/by-nc-nd/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2022 Lex Humana (ISSN 2175-0947) https://creativecommons.org/licenses/by-nc-nd/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade Católica de Petrópolis |
publisher.none.fl_str_mv |
Universidade Católica de Petrópolis |
dc.source.none.fl_str_mv |
Lex Humana (ISSN 2175-0947); Vol. 14 No. 2 (2022): AGO.-DEZ. ; 346-364 Lex Humana (ISSN 2175-0947); v. 14 n. 2 (2022): AGO.-DEZ. ; 346-364 2175-0947 reponame:Lex Humana instname:Universidade Católica de Petrópolis (UCP) instacron:UCP |
instname_str |
Universidade Católica de Petrópolis (UCP) |
instacron_str |
UCP |
institution |
UCP |
reponame_str |
Lex Humana |
collection |
Lex Humana |
repository.name.fl_str_mv |
Lex Humana - Universidade Católica de Petrópolis (UCP) |
repository.mail.fl_str_mv |
||sergio.salles@ucp.br |
_version_ |
1809279387178106880 |