Monthly Archives: January 2018

Progress on the Action Plan to tackle non-performing loans

In January 2018 the European Commission presented its first progress report on the Action Plan to tackle non-performing loans (NPLs) in Europe, which Finance Ministers agreed on in July 2017. The progress report,  highlights recent developments of NPLs both in the EU … Continue reading

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Why GACs like guarrantee is better than national AMCs

As reported by Reuters European Union finance ministers on Tuesday called for speedier unloading of bad debt by EU banks and recommended more money be put aside by the banks to protect them from trouble. Vice-President Valdis Dombrovskis told a news … Continue reading

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Entering Italian NPL Market (Linkedin Group)

Is still Italy the hottest market for NPL investors?  What volumes can be expected for this year? Will the M&A process involving special servicer go on? How will Italian banks face ECB guidelines’ challenges? GACs and Securitization schemes will affect … Continue reading

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Italian banks look healthier and will continue to heal in 2018 (S&P Ratings)

ROME, Jan. 17 (Xinhua) — Italian banks are looking healthier now than they have for the past few years and will continue to heal in 2018, Standard & Poor’s Global Ratings said in a report on Tuesday evening. The ratings … Continue reading

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Italian NPL Update 2018-01

Spaxs is the new Special Purpose Acquisition Company lauched by Corrado Passera, former Intesa Sanpaolo and Poste Italiane’s ceo and former Minister of the economic development, and Andrea Clamer, former head of Npl Area at Banca Ifis. It is expected to raise … Continue reading

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Are EBA NPL templates too hard for Italian banks?

The effort of  European Banking Authority  in order to to promote a secondary market for NPL is remarkable and the recently published standard data templates are definitely a good step in the right direction. While I did not support the idea of … Continue reading

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