Tag Archives: Banca Ifis

Italian banks and NPL Update 2020-0

Posted on February 18, 2020 by Massimo Famularo

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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Italian banks and NPL Update 2019-10

Posted on October 30, 2019 by Massimo Famularo

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 NPL Meeting 2019

Posted on September 6, 2019 by Massimo Famularo

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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Italian Banks Update 2018-07

Posted on July 26, 2018 by Massimo Famularo

Spaxs presented the strategic plan for 2018 – 2023 of the new bank that will specialise in underserved segments of the Italian SME market and offer highly digitalised services to retail and corporate customers by means of an innovative business model. … Continue reading →

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My Workshop at NPL Meeting

Posted on July 19, 2018 by Massimo Famularo

Savethedate on September 27th I am going to present a workshop at Banca IFIS‘ NPL Meeting  The topic I am going to cover is PORTFOLIO MANAGEMENT AS KEY DRIVER FOR BOTH BUYERS AND SELLERS IN NPL MARKET The workshop will take … Continue reading →

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Italian NPL Update 2018-05

Posted on May 8, 2018 by Massimo Famularo

Intrum Lindorff and Intesa Sanpaolo have agreed to establish a servicer of non-performing loans (NPLs) in Italy by merging Intesa Sanpaolo’s NPL recovery operations and all of Intrum’s current Italian operations. The new venture will start with 40 Bn Asset Under Management. The … Continue reading →

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Italian NPL Update 2018-02

Posted on March 1, 2018 by Massimo Famularo

BPER has announced a 2Bn NPL securitization by the end of this year.. This deal will be in addition to the 1Bn already planned for Banco di Sardegna division and will probably use GACs guarantee on the investment grade tranche. Cassa … Continue reading →

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#savethedate NPLmeeting 2017

Posted on September 11, 2017 by Massimo Famularo

NPLMETING, one of the most relevant event in Italy on Non Performing Loans organized by Banca IFis, this year will take place on  September 15, Port of Venice. The claim of this edition is THE MARKET PLACE – A TOOLKIT FOR THE … Continue reading →

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Banca Ifis Market Watch on Italian NPLs

Posted on July 19, 2017 by Massimo Famularo

Banca Ifis published on 17th July its quarterly update (here the full report) on Italian NPL Market. From the press release: With over 33 billion euro of non-performing loans sold in the first five and a half months of 2017 … Continue reading →

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Italian NPL Market Update 2017-07

Posted on July 3, 2017 by Massimo Famularo

While Italian Dead Banks Walking are finding their way to address their solvency issues (with a ‘little’ help from their friends in Italian government) NPL market keep is still quite active. KRUK S.A. has acquired through its Italian subsidiary ItaCapital s.r.l. a 132m … Continue reading →

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