Category Archives: Entering Italian NPL Market

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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Italian NPL Market Update 2017-12

Banca Carige entered into a binding agreement with Credito Fondiario S.p.A., for the non-recourse disposal of a portfolio of mortgage and signature bad loans for a gross nominal value of approximately EUR 1.2 bn (see press release). The transfer price will amount to EUR 265.7 … Continue reading

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CV Day 2017 – Metamorfosi

Save the date – 22nd November 2017 – Crowne Plaza Milan Linate – san donato milanese The “Metamorphosis” will be the common thread of the 11th Edition of the Credit Village Day, that will be held on November 22, at … Continue reading

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63Bn in 9 months – is servicing market ready for the workload?

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 … Continue reading

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Italian NPL Market Update 2017-10

Quaestio Capital SGR, on behalf of the Atlante II Fund, has signed a binding agreement to purchase approximately Euro 2.7 billion of non-performing loans from Cassa di Risparmio di Cesena, Cassa di Risparmio di Rimini and Cassa di Risparmio di San … Continue reading

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New Credit Village NPL Report

The New Report issued by Credit Village  provides some interesting insights on NPL market: The actual size of closed deal is significant lower that the amount initially announced (and report by press) The number of transactions is growing while the size … Continue reading

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