Tag Archives: ECB

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

Posted on January 29, 2020 by Massimo Famularo

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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Specialization and Concentration as main drivers of NPL market

Posted on February 18, 2019 by Massimo Famularo

Unipol engaged 2 transactions with BPER involving Sale of the entire shareholding in Unipol Banca to BPER Banca for €220m in cash  Purchase by UnipolRec of a portfolio of the BPER Banca Group non-performing loans wth a gross value of 1.3€bn … Continue reading →

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Italian banks and NPL Update 2019-02

Posted on February 6, 2019 by Massimo Famularo

Italy’s economy tipped into recession at the end of last year, according to latest figures. In the final three months of 2018, the economy shrank by 0.2%, following a 0.1% decline in the third quarter, according to the latest update published by ISTAT. … Continue reading →

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Talking about ECB guidelines and Italian Banks

Posted on May 22, 2018 by Massimo Famularo

This week I am going to attend the Corporate Parity’s 3rd Annual Global Debt Collection & NPL Portfolio Summit and will present a case study regarding ECB guidelines and potential impacts on Italian Banks. Link to the Event Linkedin Do you … Continue reading →

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DBRS positive outlook on ECB guidelines

Posted on April 10, 2018 by Massimo Famularo

DBRS has recently published a commentary titled “DBRS: New Coverage Rules for NPLs Positive , but Uncertainty Remains.” According to the Rating Agency, in essence: the new rules from the ECB and EC for minimum loss coverage are positive and the impact … Continue reading →

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Why ECB guidelines on NPL are so much about moral suasion

Posted on March 29, 2018 by Massimo Famularo

Some commentators are worried about the impact that recently published Addendum to ECB guidelines on NPL management could have on banks provisions and lending capacity. The idea is that stricter requirements could push banks to increase provisions on NPEs and, … Continue reading →

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Why Carige and Creval experience proves that ECB was right on guide lines

Posted on November 20, 2017 by Massimo Famularo

The recent troubles that Carige and Creval experienced in going to the market to raise new capital can be considered a confirmation of how needed and appropriate are detailed guidelines on NPL accounting and why the attempt of undermining this wise practice … Continue reading →

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Why the Prudential provisioning backstop won’t hurt (too much) Italian Banks

Posted on October 5, 2017 by Massimo Famularo

ECB published on 4th October an addendum to the Guidelines on NPL Mangement published the last march. A public consultation will be open until 8th December. The main point of this update is the suggestion of Prudential provisioning backstop for non-performing exposures. This basically … Continue reading →

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ECB opened a Public Consultation on the draft guidance to banks on non-performing loans

Posted on September 21, 2016 by Massimo Famularo

This consultation gives interested parties the opportunity to comment on the draft ECB guidance to banks on non-performing loans. Deadline for submitting comments: midnight CET on 15 November 2016 Here the web page @massimofamularo Linkedin GLG – Gerson Lehrman Group … Continue reading →

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