Record Increase in Payment Remarks: A Red Flag for Norwegian Firms? A Red Flag for Norwegian Firms?
This staff memo documents a detailed analysis of the payment remark database to better understand whether the recent increase in payment remarks signals an impending wave of bankruptcies. The study finds that the number of high-bankruptcy-risk firms is growing in proportion to the total number of firms with remarks, suggesting that the recent increase in payment remarks is likely to predict a proportional rise in bankruptcies and should therefore be closely monitored.
Publisert
Eier
Norges Bank
Forfattere
Ida Nervik Hjelseth og Karolis Liaudinskas
Språk
Engelsk