According the Credit Village NPL Observatory (here the press release) by the end or 2017 3rd quarter 137 transfers agreement of NPL portfolios were signed in Italy for a face value of 63Bn.
The main question arising from this exceptional boost in sales is if existing servicing capability available on the market i enough to manage the workload. A partial attempt to answer this question will be discussed in the 11th CV day on 22nd November (here the program)
While most of news sources are focused on upcoming and announced deals, the Credit Village NPL Observatory tries to understand what part of the told pipeline is actually closed and to spot also smaller transactions that are usually are not reported in newspaper.
GLG – Gerson Lehrman Group – Council Member