Tag Archives: NPL

Italian banks look healthier and will continue to heal in 2018 (S&P Ratings)

ROME, Jan. 17 (Xinhua) — Italian banks are looking healthier now than they have for the past few years and will continue to heal in 2018, Standard & Poor’s Global Ratings said in a report on Tuesday evening. The ratings … Continue reading

Posted in Italian Banks | Tagged , , , | 1 Comment

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

Posted in Entering Italian NPL Market, Italian Banks | Tagged , , , , | Leave a comment

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

Posted in Entering Italian NPL Market | Tagged , | Leave a comment

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

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

Posted in Italian Banks | Tagged , , | Leave a comment

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

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

Posted in Italian Banks | Tagged , , | 3 Comments

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

Posted in Entering Italian NPL Market, Italian Banks | Tagged , , | 1 Comment

Italian NPL Market Update 2017-09

REV the “Bad Bank” that inherited the NPLs of the 4 banks resolved by Italian government in Dec 2015 has closed the “Projectg Vasari” selling 300m GBV to US fund Seer Capital that will use Locam as special servicer has … Continue reading

Posted in Entering Italian NPL Market | Tagged , , , , | Leave a comment