Bad Banks are specialised banks set up to buy bad loans and illiquid holdings of struggling financial institutions, which lets these institutions clear the non-performing assets off their balance sheet. Bad Banks have been the preferred way of dealing with bad loans in a variety of financial crises. 

With the establishment of the National Asset Reconstruction Company (NARCL) in India, it becomes pertinent to understand and analyse the Bad Banks that are, or have been, in operation across the globe. Through our Bad Banks Bulletin, we present some of the most successful Bad Banks set up around the world in different jurisdictions.