Tag Archives: NPL

Intrum ready to close the deal with Intesa

As communicated yesterday Intrum has submitted a binding offer to Intesa Sanpaolo regarding the establishment of a servicer of non-performing loans (NPLs) in Italy. Highlights Intrum and Intesa Sanpaolo have agreed to establish a market leading servicer of non-performing loans … Continue reading

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NPL Investing & Collection Summit

#savethedate April 13, Milan, Palazzo Mezzanotte,Italian Stock Exchange Building, Parterre Hall – NPL Investing & Collection Summit  SESSION 1 UTP: The new path for originators,investors & servicers SESSION 2 M&A: are servicers sold out and is carve out the best alternative? SESSION … Continue reading

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DBRS positive outlook on ECB guidelines

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

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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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 … Continue reading

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Arrow expands its presence Italy

As Reported by Financial Times and Italian Magazine Credit Village Arrow Global is going to expand its presence in Italy acquiring 2 local firms. The target are Parr Credit and Europa Investimenti.  The first one is special servicer with large operations and a relevant position … Continue reading

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Italian NPL Update 2018-02

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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