An analysis on the level of moral hazard-induced lending behavior of selected Philippine universal banks before and after the enactment of the Special Purpose Vehicle Act of 2002 (R.A. 9182)

• Main Authors: Braganza, Ozelle A., Lim, Michael Bryan T., Luminarias, Anna Katrina I., Wuthrich, Vanessa G.
• Format: text
• Language: English
• Published: Animo Repository 2007
• Subjects: Banks and banking > Philippines; Loans > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18442
• Institution: De La Salle University

After the Asian financial crisis, the Philippines started to have severe non-performing loan (NPL) problems. To address this problem, special purpose vehicles (SPVs) were established in 2002 for the purpose of decreasing the country's NPL ratio (Feng, et al, 2006). In a research made by Hagiwar...