Bank of Italy: banks accelerate "balance sheet cleansing", 22 billion in bad debts cancelled
Sales on the market increase, securitisations decrease after the end of the GACS era
Savings: less liquidity, more bonds. Italians begin to shift investments. Report Abi
We could be facing a trend reversal. It is no longer advisable to leave liquidity in current accounts. Rates on deposits are up slightly, but rates on bank bonds are much more. Loan rates are also rising
Banks, Bank of Italy: in 2021 eliminated bad debts for around 17 billion
A slowdown compared to 25 billion in 2020. The decrease is linked to lower sales on the market (from 20 to 14 billion) and reflects the reduction over time in the amount of these loans in banks' balance sheets
Banks, Abi: low bad debts since 2009
The reduction compared to the 2015 peak is as much as 81,3% - The growth trend of loans to businesses and households confirmed - Mortgage rates down
Bank dividends: in July the ECB decides whether to lift the stop
On July 23, the European Central Bank will decide whether to lift the restrictions on coupons and buybacks – meanwhile, there is positive news from Italian banks: bad debts are at a 12-year low
Ubi completes transfer of non-performing leases
Massiah-led bank's pro-forma gross NPL ratio fell to 8,2% following the deal
Banco Bpm sells bad loans to Illimity for 650 million
These are mainly receivables deriving from legal assets and liabilities attributable to leasing contracts classified as non-performing
Banks, Npl: in January the most serious monthly increase for 2 years
According to the latest Abi bulletin, net non-performing loans continue to fall over the year, but on a monthly basis they are rising again as it hasn't happened for over two years: from 31,9 to 33,4 billion - The mortgage market is recovering, registering …
Banks, Abi: bad loans collapse in December (-23%)
The latest monthly bulletin of the Italian Banking Association also shows that the mortgage market continues to grow - Interest rates are also rising slightly
Mortgages: rates on the rise due to the spread effect
According to the ABI, in November the average rate rose for the second consecutive month, but the trend "doesn't give cause for concern" - In bank balance sheets, net non-performing loans fall below 40 billion (-57% from the 2015 peak), but the loans…
Abi-Cerved: bank bad debts are down, but less than expected
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 …
UBI Banca sells unsecured bad loans for 416 million
After this second operation, which follows the one at the end of September which led to the securitization of 2,75 billion euro, the ratio of gross non-performing loans of the Lombard bank drops from 11,1% to 10,8%.
Ubi Banca securitizes 2,5 billion bad loans
The sale of the mezzanine and junior tranches results in an after-tax loss of €43,8 million, which will be recognized in group results as at 30 September 2018.
Banca Ifis, Bossi: "NPLs are no longer a systemic risk"
In the international meeting of Banca Ifis in Venice on NPLs, the CEO Giovanni Bossi explains that bank non-performing loans have drastically decreased in recent quarters and that today's challenge has changed and is that of managing and enhancing…
Banks, Abi: non-performing loans at their lowest since 2011. Mortgages and loans are growing
The new ABI report estimates net non-performing loans in July at 40,1 billion, a sharp decrease on the previous month and on 2015, the year in which they reached their maximum level at 88,8 billion. Growing mortgage market…
Banks, bad debts still down. Slow down the growth of deposits
According to the latest Bank of Italy bulletin on "Banks and money", net non-performing loans fell to 40,126 billion in July, the lowest level since 2010. The decline in bond funding continues
Unicredit sells non-performing loans for over 200 million
The bank has concluded an agreement with MBCredit Solutions - this is a consumer segment wallet.
Npl, Banco Bpm breakthrough and ECB compromise
With the sale of 9,5 billion euros of bank non-performing loans, Banco Bpm yesterday kept Piazza Affari afloat and gave another signal to the market that Italy has almost completed the pending cleanup on NPLs…
Abi report: first home loans, interest rates at historic lows
The new ABI report updated to 31 May confirms the growth trend of loans to households given the ever lower costs. On the other hand, the rates on new forms of business financing are rising. The decline in net non-performing loans continues…
Mps, non-performing loans: record package of 24 billion sold
The transaction includes senior securities (which have obtained an "investment grade" rating), mezzanine and junior - The government's go-ahead for the Gacs guarantees on seniors is expected in the coming weeks - The deconsolidation of the bad loans portfolio is expected by…
Bank of Italy: loans to individuals +2,4%, bad loans down
In the "Banks and money: national series" Bulletin, the Bank of Italy indicates that loans to individuals were down slightly in February compared to the previous month, but non-performing loans continued to decrease: -10,8% in February - Rates Of…
Banks: net bad loans down 25% in 2017
This was announced by the ABI in its monthly report - In December 2016, their amount was equal to 86,8 billion euros. In the same month of the following year, the balance decreased to 64,4 billion euros - Well also…
MPS still in the red (3.5 billion in 2007) but reducing non-performing loans
In the last quarter, Monte dei Paschi lost 502 million, bringing the red for the whole of 3,5 to 2017 billion, but it reduced its net non-performing loans from 14,8 billion to 5,5 billion euros and the stock gained 3,5 .XNUMX%
In the North West, banks "suffer" more from debts that households do not honor
From the ennorthwest site - Households in the North West make banks "suffer" more than those in the rest of Italy: new data from the Bank of Italy reveal it
Noera (Bocconi): "No forcing on NPLs and supporting Draghi"
WEEKEND INTERVIEW with MARIO NOERA, Professor of Finance at Bocconi - "Nouy is wrong: our bad debts have halved but we are faced with a complicated past, which can only be managed over a long period of time, without forcing...
Banche Venete, Viola: "Continue with the sale of shares, bad loans node"
The 8 billion substandard loans raise concerns: "We can imagine what the impact would be if they all went into non-performing positions" commented the liquidator. Meanwhile, Pop Vicenza is about to sell the subsidiary Farbanca, while Veneto Banca has started negotiations for…
Mps sells non-performing loan platform to Quaestio and Cerved
The consideration for the sale, envisaged in Montepaschi's restructuring plan, is equal to 52,5 million euros - The closing is expected within the first quarter of 2018.
Banks, Abi: -30 billion bad loans by 2019
Three-quarters of the reduction should relate to non-performing loans held by companies - According to the Association, the decline in non-performing loans will translate into faster growth in loans
Banks, Abi: non-performing loans at 3-year lows, growing loans
Compared to May 2016, net non-performing loans decreased by approximately 8,5 billion (-10%) - In June, bank loans to households and businesses increased by 1,5% on an annual basis, continuing the positive trend that began in February 2016.
Banks, Ecofin: ok to anti-bad loans plan
EU finance ministers aim to create a secondary market for NPLs to drive up prices and also suggest creating national bad banks to attack bad debts
Unipol launches bad bank and takes to the Stock Exchange
The insurance-banking group has announced the reorganization of its banking sector (Unipol Banca) with the creation of a bad bank into which 3 billion bad loans will flow. The CEO Carlo Cimbri: "The impact of the announced operations will be nil for the group". Confirmed…
Banks: ABI, net non-performing loans down to 77,2 billion in April
The net non-performing loans which weigh on the balance sheets of Italian banks fell, in April, to 77,23 billion from the 77,85 billion recorded in March.
Mps: sale of NPLs for 26 billion in the next few days
The white smoke can arrive before the expiry of the exclusivity (June 28) granted to Atlante2 and its two partners: Fortress and Fonspa.
Banco Bpm shines after Npl sale
The stock is up on Pazza Affari in the wake of the sale of 700 million non-performing loans
Banks: possible 10 billion in adjustments. Thump Carige
Milan flat, more than the other European lists, on the day of the Governor's report which estimates the impact of non-performing loans. The Carige case adds more fuel to the fire. And macro data is not enough to get purchases off the ground. The Brent in…
Mps, final rush with the EU: towards 5-6 thousand redundancies
In the new version of the plan, however, the outlays could be spread over five years and no longer over three - For the management of the 29 billion gross non-performing loans still in the Bank's stomach, the most realistic hypothesis foresees that Atlante…
Banca IFIS: two more NPL portfolios for a value of 414 million
The institute has completed the purchase of two unsecured consumer and bank credit portfolios with an international fund active in distressed credit, for a total nominal value of approximately 414 million euro.
Banks will count less in the Italian economy: Cer report
We are publishing an extract from the Cer banks report, which is presented today in Rome on the initiative of Igea Banca, and which shows how Italian banks, with the reduction of revenues and profits and the cutting of costs, are…
Banks: Abi, net non-performing loans at their lowest since June 2014
The monthly report of the ABI gives an account of the January figure, referring to net non-performing loans. The value of 77,8 billion noted by the Economic Analysis Office of Palazzo Altieri is the lowest since June 2014.
Bank of Italy: credit increases, non-performing loans slow down
In January, loans to households grew by 2,2 percent and those to non-financial companies by 0,9 percent - The growth rate of non-performing loans was 4% over the year, against 5,6% in…
Banks, bad debts alarm: 1 euro out of 5 lent has deteriorated
The Mediobanca Research Area presented an unpublished report on the NPLs and non-performing loans of 490 Italian banks at a conference promoted by the La Malfa Foundation, which shows that impaired loans amount to 176 billion euros (equal…
Banco Bpm sells Npl for 641 million
The bank led by Giuseppe Castagna has completed the sale of a portfolio of non-performing loans to Marte Spv, a vehicle of Hoist Finance
Unicredit sells gross non-performing loans for 93 million
The buyer is B2 Kapital - The credits were granted by the subsidiary Unicredit Bulbank (Bulgaria) to customers belonging to the corporate segment.
Abi: GDP in 2017 +1,2%, bad loans down
The ABI's Afo 2016-2018 forecast report confirms a growth scenario, albeit at contained levels: GDP at +0,9% in 2016 and 2017 and +1,2% in 2018 - The stock of net non-performing loans should be reduced by more…
Unicredit sells bad loans in Slovenia
The operation involves the Slovenian subsidiary and has a value of 110 million which will be included in the fourth quarter Unicredit financial statements
Bank of Italy: business loans are up (+0,5%)
The increase in loans to households also continued in October (+1,6%) - Overall, loans to the private sector recorded an annual growth of 1,0% (compared to +0,9% in September) .
Banks, Abi: more loans, less non-performing loans
On the basis of the latest official data, the recovery of the mortgage market is also confirmed - Deposits (in current accounts, certificates of deposit, repurchase agreements) increased, at the end of October 2016, by over 32 billion euros compared…
Unicredit sells 940 million Npl
The banking group has concluded an agreement with Kruk for the sale without recourse of a portfolio of non-core non-performing loans.
Banco Popolare sells non-performing loans for 618 million
The transferred portfolio includes approximately 9 positions for a total nominal value of approximately 618 million euro, with no negative impact on the income statement.
Mps, Padoan: "Change makes the plan easier"
"The signal of discontinuity will facilitate the implementation of the new business plan, the optimal finalization of the largest securitization of non-performing loans in Italy and the development of a renewed and sustainable bank", this is Padoan's comment on…
Abi: more expensive mortgages, jobs unchanged, non-performing loans up
According to the latest ABI surveys, rates on home loans are growing slightly - Loans are not taking off, while net non-performing loans rise to 84,9 billion.
Unicredit: plan to sell 20 billion bad loans, the title runs
The operation could be announced by Mustier in November - The market is also riding the rumors about the sale of Bank Pekao and the possible Pioneer-Eurizon merger.
Banks and Npls, Mps are fine but a general solution is needed
The path identified by MPS to dispose of non-performing loans is positive but now it is essential to find a general solution to free Italian banks from the ballast of NPLs - German, Irish and British banks emerge bruised from the stress tests
Mps, capital increase up to 5 billion and total deconsolidation of non-performing loans
Monte dei Paschi responded early to the negative outcome of the stress tests by approving a plan that provides for a capital increase without public aid up to 5 billion by November and the deconsolidation of the entire bad loan portfolio at the price of…
Mps on the roller coaster: assist from Draghi, and the plan takes shape
While an assist arrives from the Eurotower in favor of the Italian Bank, the negotiations with Brussels continue in Siena, the Board of Directors finalizes the final details of the restructuring plan
Mps towards Antonveneta sale to Ubi
The CEO of Ubi, Victor Massiah, could accept the project to expand his own institute, which the purchase of Bpm has missed out on - Monte dei Paschi would be able to raise cash and get rid of a part of the bad debts that burden its…
Bank of Italy: non-performing loans return to 200 billion
However, the net figure is 84,94 billion in May - Funding slows down, while bank loans to Italian businesses are starting to grow again and those to households continue to accelerate - Mortgage rates are increasingly declining
Mps, Messina: "Atlante will act on non-performing loans"
"We are working on Atlante2", added the managing director of the largest Italian bank, recalling however that his institute will not be in the game.
Banks, Abi: bad debts are increasing
In April, the net non-performing loans of Italian banks increased again, reaching 84 billion euro, after the 83,1 billion recorded in March - the non-performing loans calculated net of the write-downs already made by the banks with…
Banks: bad debts down, loans on the rise
BANKITALIA REPORT - In March, the growth of non-performing loans over the year stood at +3,9%, against +4,7% in February - Loans to households grew by 1,1% over twelve months against +1 % in February, while those at…
Suffering, Visco: "We are at a turning point"
The governor in a hearing in the Senate: "Atlante will be in line with European state aid rules" .
Unicredit, Ghizzoni: "For Atlante up to 1 billion, no more than 20%"
The CEO then underlined that Unicredit's interest in the Fund derives primarily from the contribution that the project will be able to give to solving the problem of non-performing loans in Italy
Mps pushes the transfer of non-performing loans on the plan
"The bank's goal is to strengthen the plan for the sale of non-performing loans which provides for the sale of 5,5 billion euros by 2018" - These are the statements of the CEO of Monte dei Paschi Fabrizio viola on the sidelines of the meeting which …
IMF: Italian non-performing loans the highest among advanced countries
The non-performing loan ratio reaches 11,2% in Italian banks, against 6,7% in Spain and 4,3% in the entire Eurozone - The Fund promotes bail-in, but does not rule out the need for aid public for European banks.
Bcc reform, green light from the Chamber
The Deputies Chamber, which had previously trusted the government, approved the decree on banks late yesterday evening which includes the reform of the CCBs with the way out, the public guarantee on the recovery of non-performing loans…
Bank of Italy: funding +3,6%, bonds down
Furthermore, according to the latest bulletin in via Nazionale, it is slowing down the fall in loans to the private sector - Funding +3,6% in January, but bonds are still down (-16,5%) - Rates on loans to households and businesses in slight ascent.
Banks, Abi: the net figure counts for non-performing loans
In its monthly report, the ABI only reports the data on non-performing loans net of the write-downs already made in the financial statements - The gross figure is considered "misleading" and incorrect - So in December non-performing loans are reduced to 88,9 billion…
Draghi: "More solid banks, there will be no Basel 4. Prudence on banks' government bonds"
The number one of the ECB in the European Parliament: "We will not buy Italian non-performing loans" - "The capital requirements for banks will not be further increased" - "In the coming years we will be able to absorb the excess of non-performing loans" - The calculation of securities State…
Banks: State guarantee on non-performing loans for at least 18 months
18 months of state guarantee on non-performing loans which could be added by another 18 months subject to agreement with Brussels - Negotiations are underway for the inclusion of publicly guaranteed securities as collateral in Eurosystem refinancing operations.
Mortgages: rates drop to 2,8% in December
Data from the Bank of Italy also indicate a decline in loans to businesses but not to households. The growth of bad loans slows down: +9,4% against 11% in November
Non-performing loans: for factoring only 4,1% of non-performing loans
The assignment of credits has also been relaunched at European level as a less risky financing channel for small and medium-sized enterprises. Galmarini (Assifact): "Harmonize regulations and controls in Europe, eliminating disparities between countries".