Category Archives: Italian Banks

Italian banks and NPL Update 2020-0

Intesa Sanpaolo kicked off long-awaited consolidation among Italian banks with a surprise 4.86 billion euro ($5.3 billion) takeover bid for smaller rival UBI Banca. (my article in Italian). This seem to be quite the opposite strategy of Unicredit that is … Continue reading

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Will ECB become less demanding on Banks’ M&A?

The European Central Bank (ECB) published the outcomes of its 2019 Supervisory Review and Evaluation Process (SREP). While capital requirements in 2019 remain unchanged from 2018, at 10.6%, some significant concerns remain regarding business models’ sustainability, with low profitability as … Continue reading

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Bankit update on NPLs’ Recovery Rates

The number 18 of Bankit Notes on Financial Stability and Supervision provides an update to NPLs’ Recovery Rates analysis performed in number 13 and 11. The note also illustrates the results of the yearly survey on NPL sales, conducted by … Continue reading

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Italian banks and NPL Update 2019-10

Concentration through M&A seem to be a relevant trend among NPL investors and special servicers in Italy: Credito Fondiario and Banca IFIS decided not to continue their exclusive negotiation to form a new platform with som 45m of Asset Under … Continue reading

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#SaveTheDate IMN’s 4th Annual Investors’ Conference on Italian & European NPLs

IMN’s 4th Annual Investors’ Conference on Italian & European NPLs will return to Milan, Italy on 13 November 2019 to address the latest updates in the non-performing loan market. Link to event page The conference will bring together leading representatives … Continue reading

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Italian banks and NPL Update 2019-09

SGA the Italian state owned asset management company focused on NPLs and UTPs has changed its name in AMCO and presented positive results for first half 2019 with 20.6 Bn € of assets under management and 8.2m € net profit … Continue reading

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#SavetheDate NPL Meeting 2019

Savethedate on September 26th I am going to present a workshop at Banca IFIS‘ NPL Meeting The NPL Meeting workshops represent a unique opportunity to analyze the dynamics of the NPL world and to discuss what the future of deteriorated credit will hold for us. Workshops will take place in … Continue reading

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