Doing Business, resolving insolvency, time

years, 2014–2017

Info Edit

    Time for creditors to recover their credit is recorded in calendar years. The period of time measured by Doing Business is from the company’s default until the payment of some or all of the money owed to the bank. Potential delay tactics by the parties, such as the filing of dilatory appeals or requests for extension, are taken into consideration.

    Source: World Bank