Sorec strengthens its leadership in NPLs by acquiring two unsecured portfolios worth over €120 million from Finint Investments. With these new transactions, the company manages over 320.000 loans with a GBV of €1,7 billion, confirming its industrial solidity and selection capabilities.
According to Banca Ifis's Market Watch NPL 2025, the total stock of non-performing loans in Italy has decreased by €86 billion in 10 years, while the deterioration rate is at its lowest. Chairman Fürstenberg Fassio: "We acquired our…
The decision was made by GUP Fiammetta Modica at the end of the preliminary hearing. The request for indictment on charges of false corporate communications concerns the 2015 financial statements and the 2016 half-yearly report. MPS says the decision does not…
In 2025, Unicredit is preparing to reorganize mergers and alliances, starting with an agreement with Prelios for impaired loans. Meanwhile, it is playing the game with Amundi for managed savings, with new moves coming
France has the worst stock with 121 billion and Germany the highest increase. In Italy, however, NPLs are decreasing and for the Undersecretary of the Economy, Freni, they have also been managed better. The president of Banca Ifis, Fürstenberg: it is necessary…
Credits that are difficult to recover will increase in 2022, although light years away from the levels of the 2012 crisis. Abi's new appeal to the government: measures are needed to restructure company debts
The Treasury subsidiary specializing in the management of non-performing loans aims to maintain a balanced composition between non-performing loans and UTPs by purchasing new portfolios for the next three years. The Glam project on secured credits aims at 11,1 billion
The joint venture concerns investments in the segment of non-performing real estate loans up to 500 million euros. It will be finalized in the third quarter
106 was a year of growth for Cherry 2020 - Just over a year after its inception, the company founded by Giovanni Bossi has a proprietary portfolio of over 500 million euros, has strengthened its…
As every year, operators in the non-performing loan market meet at the Npl Meeting organized by Banca Ifis: bad debts are destined to worsen in 2021, but now institutions are more ready to face the crisis - In…
According to the CEO of Cherry 106, Giovanni Bossi, the new European rules on difficult loans are "useless and harmful" and risk distorting the business model of banks: for this reason they must be changed as soon as possible or, at least, postponed…
In the first quarter of 2020, according to Credit Village Digital Week data, 73 transactions were carried out in the Italian market alone: only 3 fewer than in the same period of 2019 - the value is around 1,9 billion euros.
The Finance Commission of Palazzo Madama begins the examination of the bill which aims to facilitate the recovery of non-performing loans and to accelerate the debtor's return to performing status under fair conditions
Luigi Luzzatti SCpA, opens the operational sites between the cooperative banks and the president Primiceri: "The Collaboration Agreement is a decisive step that ensures solid foundations for facing future challenges"
The two subsidiaries Unicredit ad Banja Luka and Unicredit Bank dd Mostar are selling the receivables, while the buyer is B2 Kapital doo of the B2Holding group
Clessidra launches a new fund dedicated to UTPs and calls Giovanni Bossi, the former CEO of Banca Ifis, to lead it together with Federico Ghizzoni (former CEO of Unicredit)
The Abi-Cerved Outlook on non-performing loans of companies, updated with September data but with estimates for 2018 and for the two-year period 2019-20, confirms that the scenario on non-performing loans is overall positive (net non-performing loans have fallen below 40 …
The banking group led by Carlo Messina announced the conclusion of the transaction anticipated on 17 April to the market and collects a capital gain of 400 million after tax which will be included in the fourth quarter 2018 consolidation. Messina: "It is…
As part of the risk optimization and group consolidation programme, the Tuscan bank has decided to reduce the percentage of non-performing loans from 16,8% to 13,69%, for an amount of 93,5 million euro on a total of…
Cleaning is worth 17,9% of the existing stock as at 31 December last year - As at 30 June the residual gross aggregate of non-performing loans for the five main Italian banks is 122,4 billion, which translates into 55,54 billion …
The new edition of Banca IFIS's Market Watch NPL observatory estimates the sale of approximately 2018 billion NPLs in 57, of which 26 billion already under negotiation - In 2017, 72 billion were sold for…
The head of ECB Supervision reiterates the need to act quickly, but Visco underlines the danger of a "sell-out" - Italian banks risk having to set aside another 9 billion in 7 years and the consequences will still be…
Also expected is a capital strengthening of over one billion euros, a 54% reduction in the stock of problem loans at the end of 2018 and 58% in 2020 and a significant cut in employees (from 4.742 to 3.900) and branches…
BANCA IFIS NPL MARKET WATCH - The growth of the securitization of non-performing assets reaches a new peak in the first part of 2017, continuing a trend that has continued since 2012: in fact, there are 72,4 billion euros of securitized NPLs…
The buyer is MBCredit Solutions, a Mediobanca group company for the management of NPLs - The agreement provides for the sale of two packages of non-performing loans
The transaction involves the sale of a portfolio of non-performing loans from Zagrebacka Banka to Aps Delta - The impact on the income statement will be recognized in the Unicredit balance sheet in the second quarter of 2017.
Quarterly appointment for the “Market Watch NPL-Italian Scenario” Observatory, created by Banca Veneta: in this edition, here is the mapping of transactions and trends in the domestic market for non-performing loans, which have more than doubled in seven years.
According to the International Monetary Fund, the figure would even reach 2 billion, most of which without guarantees, of real estate origin and created by Italian customers - The Central Bank is launching a survey, while San Marino's difficulties are…
The transferred portfolio includes about nine thousand debtors and is made up mostly of current account overdrafts (76%) - Last week Banca Ifis had purchased impaired loans for 466 million euros from Locam.
The wrong retroactive effect of the bail-in has created a systemic risk that has its center in the banks and is destabilizing the markets - European governments should announce a public guarantee of bank liabilities and the European Commission should…
