Positive outlook for NPL according DBRS

According DBRS rating agency Banking restructuring continues amid tougher regulatory expectations forasset quality:

  • Italian banks are stepping up their efforts to reduce NPLs on the back of tougher expectations from European regulators
  • The gross NPL ratio is expected to improve to a level close or below 10% by 2019-2020, according to banks’ recent plans
  • Core profitability remains modest and will require further improvement in asset quality and efficiency

More detail can be found in acommentary titled “Italian Banks Make Progress on Restructuring in 2017 and Raise Targets for NPL Reduction”

Read here the press release

Stay tuned on Italian Banks and NPL Market  Join the Linkedin Group – Entering Italian NPL Market  and follow  #Liberi Di Scegliere via @blastingnews

@massimofamularo

Linkedin

GLG – Gerson Lehrman Group – Council Member

Advertisements

About Massimo Famularo

Investment Manager and Blogger Focus on Distressed Assets and Non Performing Loans Interested in Politics, Economics,
This entry was posted in Entering Italian NPL Market and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s