3 Oct 2023

The impact of rapid interest rate rises on Portuguese and Spanish mortgage portfolios is becoming evident, Fitch Ratings says in a new report. We do not see...

3 Oct 2023

The average percentage of bad debt in Kenya has risen to a nearly two-decade high of 15%, highlighting how difficult it is for borrowers to repay debts. This...

3 Oct 2023

Collectius, the leading restructuring partner for financial institutions in Asia, has secured an additional US$42 million (THB1.48 billion) in non-performing...

2 Oct 2023

Non-performing loans (NPLs) in Bangladesh's banking sector hit a new record in June as withdrawal of a relaxed central bank policy, slowdown in business sales...

2 Oct 2023

Unicaja accelerates the "cleaning" of the balance sheet with a well-known investor. The financial institution transfers to Cerberus a new portfolio of...

2 Oct 2023

The bad debt market in Portugal cooled down considerably this year. There are fewer portfolios for sale and portfolios are smaller in relation to transactions...

2 Oct 2023

BPI sold a portfolio of non-performing loans, doubtful debts, worth €123 million to an asset manager in the United States of America, the bank announced today...

30 Sep 2023

China’s giant banking system, the world’s largest, is heavily exposed to the real estate crisis: Nearly 40 percent of all bank loans are related to...

29 Sep 2023

The sale of the NPL portfolio of the Astir I securitization to the special purpose vehicle (SPV) Lousios Limited, established by investment funds managed by AB...

29 Sep 2023

Reports show that banks have continued to write off debts and debit accounts of recalcitrant debtors in other banks so as to tone down the volume of...

29 Sep 2023

The wave of impaired loans begins to rise again. The pincer of price growth, monetary tightening and slowing economy will bring the rate of deterioration of...

29 Sep 2023

Asset Reconstruction Companies (ARCs), which buy non-performing assets (NPAs) or bad loans from banks, are eying a larger pie of stressed assets. In a letter to...

29 Sep 2023

Sabadell Consumer Finance, Sabadell's consumer credit subsidiary, launches new alternative financing tools to intragroup support. The entity has packaged a...

28 Sep 2023

H&T, a company active in the electronics sector listed on the Shenzhen stock exchange, has acquired, through its Hong Kong subsidiary, 25% of the share...

27 Sep 2023

Denizbank, one of Turkey's giant private banks, sold its overdue receivables to 4 asset companies. The sale of banks' outstanding receivables continues. This...

27 Sep 2023

Chinese regional lender Shengjing Bank (2066.HK) said on Wednesday it has agreed to sell a portfolio of assets, including certain loans and investments, among...

27 Sep 2023

The international law firm DLA Piper assisted Banco BPM in the context of the sale of a portfolio of impaired loans (and the related legal relationships) for a...

27 Sep 2023

It is important in the current economic atmosphere that banks reduce the ratio of their non-performing loans to accommodate the impact of the recent debt...

26 Sep 2023

Freddie Mac (OTCQB: FMCC) today announced it sold via auction 3,564 non-performing residential first lien loans (NPLs) from its mortgage-related investments...

25 Sep 2023

Colektia, a technological company from Venezuela that uses artificial intelligence focused on debt collection management, has concluded a round of financing...

25 Sep 2023

Türkiye Garanti Bankası A.Ş. sold non-performing receivable portfolios. The statement made to the Public Disclosure Platform (KAP) is as follows: ...

21 Sep 2023

In the third quarter of the fiscal year 2023 (Q3FY23), the performance of the banking sector in Bangladesh displayed a mixed outlook. Bangladesh Bank's...

20 Sep 2023

27-28 September 2023, London. This summit brings together the biggest players in the global NPL industry - providing an extensive and truly GLOBAL view of the...

20 Sep 2023

The European Commission proposed a maximum limit of 30 days for payments to companies and presented a set of initiatives that aim to respond to the needs of...

20 Sep 2023

The progress of National Asset Reconstruction Co (NARCL) has been stalled by both structural issues and a reluctance among banks to offload assets at the...

18 Sep 2023

Default loans trapped under toils of law continue swelling, amounting to Tk 1.78 trillion up till last fiscal end, giving economists to feel a lack effective...

18 Sep 2023

BMO Financial Group plans to close its retail auto finance business in order to reroute resources, as borrowers dig deep to stay on top of recent interest rate...

15 Sep 2023

Prosperty, a leading international provider of B2B SaaS enterprise platforms for institutional real estate, and Robura, an innovative regional leader in real...

15 Sep 2023

Unicredit is looking for an ally in impaired loans. The bank led by Andrea Orcel has opened a competitive process to collect proposals. The agreement with...

15 Sep 2023

The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics. The figure includes both credit card...

15 Sep 2023

In the span of a year, bad loans in corporate lending from the five major banks have surged by over 400 billion won (US$300.98 million), heading towards the 3...

14 Sep 2023

BANK Negara Malaysia plans to do away with a requirement for buyers of non-performing loans (NPL) to be majority-owned by domestic shareholders, a move that...

14 Sep 2023

As the market leader in credit management services, Intrum has a responsibility and commitment to improve industry standards and practices. To this end, Intrum...

14 Sep 2023

Fannie Mae today announced the results of its twenty-first non-performing loan sale transaction. The deal, announced on August 10, 2023, included the sale of...

14 Sep 2023

German construction companies are crumpling under the combined pressures of persistently high interest rates, strong increases in construction costs, skilled...

13 Sep 2023

The stressed asset space is losing its allure for international players. Arcion Revitalization, originally promoted by Apollo Global and ICICI Bank, has become...

13 Sep 2023

Oaktree is exploring the market to execute various divestments of its business in Spain. The American fund, which has Brookfield AM as the majority shareholder,...

11 Sep 2023

At least four banks recorded N478bn non-performing loans during the first half of this year, according to their financial results Specifically, Guaranty...

11 Sep 2023

The index of non-performing loans of the banking sector in Albania showed a small increase in July. According to information from the Bank of Albania, this...

10 Sep 2023

Santander Consumer Finance, Grupo Santander's specialized consumer finance business, has sold non-performing loan portfolios up to June, valued at a total of...

10 Sep 2023

According to the most recent data published by the Banque de France, loan production fell by 51.5% from May to July compared to 2022. The number of loans fell...

9 Sep 2023

Bad debt is piling up at China's regional banks as property woes and a slowing economy take their toll, with developers and individuals among those struggling...

8 Sep 2023

In recent weeks, press articles have brought the examination of the bill called "Provisions to facilitate the recovery of non-performing loans and...

8 Sep 2023

Santander has decided to clean up the balance sheet of the financial company El Corte Inglés with the sale of unpaid loans before the wave of defaults that is...

8 Sep 2023

Big Six recorded $3.54 billion in loan loss provisions in most recent quarter and analysts expect that figure to climb.

7 Sep 2023

Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that...

6 Sep 2023

A market-update on some of the key developments shaping the European NPL market. Veld Capital, Garanti BBVA, Zeus Recovery Fund, Arrow Global, Hoist Finance,...

6 Sep 2023

There is a debt storm brewing in parts of the Middle East and North Africa (MENA). Debt across the region has been climbing, reaching very high levels in...

6 Sep 2023

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan...

6 Sep 2023

Intrum, the Swedish credit management group, has completed the acquisition of the Spanish real estate servicer Haya Real Estate for 136 million euros, after...

5 Sep 2023

Freddie Mac announced a $628 million non-performing loan (NPL) sale through an auction of seasoned non-performing residential first lien loans held in...

5 Sep 2023

Following the announcement of the Sunshine Transaction on 23.12.2022 and in response to a question from the Capital Market Commission on 05.09.2023 regarding...

4 Sep 2023

Kenyan listed banks have begun taking precaution against the grim earnings prospects triggered by slowdown in economic activities as a result of the high cost...

4 Sep 2023

More non-performing loans (NPLs) are expected to be sold by banks or outsourced to debt management companies over the next few quarters, as customers struggle...

4 Sep 2023

August was a particularly active month for the bad loan market, with €2.3 billion worth of transactions completed in just one month. These deals concerned the...

1 Sep 2023

A law proposed by the Italian prime minister's party to help those in arrears risks damaging the country's non-performing loan (NPL) market, which played a...

1 Sep 2023

LC Financial Holdings (LCFH) proudly announces the successful completion of the acquisition of BCM Global (BCM), marking the next step in its evolution as a...

31 Aug 2023

Attica Bank announced the signing of an agreement with AB CarVal Investors for the sale of the portfolio of the Astir I securitization, with a book value of...

31 Aug 2023

The transaction involves the acquisition of 100% of the shares of Sunshine Leases Single Member Société Anonyme (“Sunshine Leases”), a Greek financial...

31 Aug 2023

Reserve Bank Governor Shaktikanta Das on Wednesday asked urban cooperative banks to go for rigorous follow-up of large NPA (non performing asset) borrowers for...

30 Aug 2023

Third quarter earnings show Scotiabank and BMO have respectively doubled and tripled the amount set aside for bad loans compared to the same quarter last year. ...

30 Aug 2023

Thailand is experiencing a steady increase in household debt, particularly in auto loans and debts from savings cooperatives, according to the secretary-general...

29 Aug 2023

The Greek banks plan new sales of NPL portfolios to further consolidate their balance sheets. The goal is to reduce the NPE ratio to even lower than 5.9%, which...

29 Aug 2023

Latest analysis of Bank of England data has found that around 3.1 million households owe £2.7 billion in buy now, pay later (BNPL) borrowing. Research by...

29 Aug 2023

Mortgage finance firm Freddie Mac said on Tuesday it will sell non-performing loans (NPL) worth about $628 million through an auction. The NPLs are being are...

29 Aug 2023

The transaction concerns loans originated and guaranteed by Confidicoop Marche, Confeserfidi and Garanzia Etica and will be processed and analyzed end-to-end...

28 Aug 2023

Alpha Bank ACBr.AT, one of Greece's four largest lenders, said on Monday it signed a binding agreement to sell a 1.5 billion euro ($1.62 billion) portfolio of...

28 Aug 2023

PK Airfinance, a leading aviation lending platform backed by Apollo (NYSE:APO), has agreed to acquire the majority of an approximately $920 million portfolio of...

27 Aug 2023

The Treasury with line ministries are gearing to create an Asset Management Company (Bad Loans Bank) or non-performing loan (NPL) bank to take over the toxic...

25 Aug 2023

China’s worsening property crisis is spilling over to financial institutions, forcing banks to increase bad-debt provisions arising from the sector. Bank...

25 Aug 2023

The Italian government is pushing through a borrower-friendly measure on bad loans by the end of the year as part of Prime Minister J. Meloni's plan to help...

25 Aug 2023

In recent weeks there have been a series of reports in the specialized press rumors regarding a bill to reform the NPL market formulated by some members of...

24 Aug 2023

Multiple global and local distressed asset investors are reportedly evaluating the purchase of certain non-performing loans from the State Bank of India (SBI),...

24 Aug 2023

The rise in non-performing loans within the real estate sector has become a cause for alarm as the bad debt ratio escalated from 1.53% in the previous year to...

21 Aug 2023

The Civil Transactions Law allows the sale of debts, which had previously been considered unenforceable under Saudi law, opening new opportunities for dealing...

21 Aug 2023

Landlords face losing billions in rent owed by WeWork, as the work space provider grapples with the rise of home working. British landlords are exposed to...

19 Aug 2023

SET-listed Bangkok Commercial Asset Management Plc (BAM) expects sales of non-performing loans (NPLs) to reach 100 billion baht by 2024, in line with rising...

18 Aug 2023

DoValue, Intrum, Cepal and Quant, which manage portfolios of more than €90 bn, recorded last year revenues of more than €600 m, despite the uncertainties in...

16 Aug 2023

A law proposed by the Italian prime minister's party to help those in arrears has sparked alarm among investors in the country's 307 billion euro ($335...

16 Aug 2023

Targeted changes include clarifying disclosure requirements for investors in non-UK securitisations, removing non-UK AIFMs from the scope of the due diligence...

15 Aug 2023

A June 2023 report from Otoritas Jasa Keuangan (OJK), Indonesia’s financial services authority, revealed that the country’s online lenders have collectively...

14 Aug 2023

One of the priorities of the new Minister of Finance is to renegotiate with the European Authorities Hercules III, the securitisations scheme that helped banks...

11 Aug 2023

The BCC Iccrea Group has signed binding agreements with several investors for the sale of non-performing loans for a total of approximately €570 million,...

11 Aug 2023

Cajamar advances in improving the risk profile of the balance sheet with divestment of assets. The entity has put the "Utrecht Project" on the market,...

11 Aug 2023

The Spanish banks load their saddlebags with provisions in case the default picks up in the coming months. The general tendency of entities to increase the...

11 Aug 2023

U.S. hedge fund Davidson Kempner Capital Management (DK) said on Friday it had agreed to sell Prelios to fintech firm ION Group, in a long-awaited deal which...

11 Aug 2023

The Federal National Mortgage Association (“Fannie Mae,” or sometimes, “Seller”) is seeking bids for the sale and purchase (the “Offering”) of one...

10 Aug 2023

Fannie Mae (FNMA/OTCQB) today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained...

9 Aug 2023

Private equity giant KKR (KKR.N) said on Tuesday it had acquired a $373 million portfolio of prime auto loans from Synovus Bank. Shares of Synovus Financial...

8 Aug 2023

Banks non-performing loans hit N1.32tn as of the end of April 2023, figures obtained from the Central Bank of Nigeria have revealed. According to figures...

8 Aug 2023

State-owned commercial banks failed to keep nonperforming loans within the limit they had agreed under the annual performance agreements for the financial year...

7 Aug 2023

Italy’s Cabinet on Monday approved a 40% windfall tax on banks for 2023, with proceedings to be used to help mortgage holders and cut taxes, the country’s...

7 Aug 2023

Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday. Out of the...

7 Aug 2023

Total non-performing loans (NPLs) at the banks in Vietnam surged in the first half of this year due to the poor business performance of the whole economy, local...

6 Aug 2023

State Bank of India plans to sell over 96,000 crore rupees of bad loans to asset reconstruction firms in a fresh bid to clean up its books. The country's...

4 Aug 2023

Global law firm White & Case LLP has advised Intrum Holding AB (Intrum) on a securitisation involving Piraeus Bank's Project Senna non-performing loan...

4 Aug 2023

Gelecek Varlık gave information about the NPL sales tender it won. In the statement made to the Public Disclosure Platform (KAP), it was announced that our...

4 Aug 2023

Monte dei Paschi di Siena has completed the sale of a further portfolio of NPEs (Non Performing Exposures) for a value of approximately 230 million euro to a...

2 Aug 2023

Freddie Mac (OTCQB: FMCC) announced today the pricing of its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2023—a securitization of...

1 Aug 2023

Late payment is, for now, a sustained problem for the big banks. With the campaign for presentations of semi-annual results closed, the default rate has become...

31 Jul 2023

Kroll Bond Rating Agency released a research report analyzing non-performing loan transactions issued following the global financial crisis in 2008 and 2009. ...

28 Jul 2023

Banca Ifis - with the support of JP Morgan SE as co-arrangers - announced that it has completed the restructuring of the securitization of non-performing loans...

28 Jul 2023

The Prelios group and Amco have finalized the purchase of a leasing portfolio for 270 million GBV through the Italian fund for the management of real estate...

26 Jul 2023

Lloyds Banking Group has put aside more than £400m to prepare for a potential increase in customers falling behind on more costly mortgage payments. It...

26 Jul 2023

BBVA has closed an agreement to transfer a portfolio of non-performing unsecured loans (known as the 'Nairobi Project'), with a gross value of approximately 500...

26 Jul 2023

A group of 26 banks, 24 of which are mutual banks affiliated with Cassa Centrale – Credito Cooperativo Italiano group, and two cooperative banks have sold a...

26 Jul 2023

Europe's major banks, including Deutsche Bank (DBKGn.DE) and Lloyds Banking Group (LLOY.L), on Wednesday pointed to the rising risk of bad loans as the global...

25 Jul 2023

The financial companies of Carrefour and Cofidis join the exercise of cleaning up the bank's balance sheet with the divestment of bad loans. The Carrefour...

24 Jul 2023

Credit Factor has successfully completed the acquisition of three granular portfolios of unsecured NPEs with a nominal value of €2.2 billion. In...

24 Jul 2023

Banks are offloading bad debts due to soaring delinquency rates, signaling an urgent need for enhanced financial soundness management. In the first half of this...

21 Jul 2023

The price of loans has become more expensive since interest rates began to rise a year ago now. And more and more families and companies are beginning to have...

20 Jul 2023

Banca Ifis presses the accelerator in the Npl market, achieving what, in all probability, already appears today as the largest operation of the year in the...

19 Jul 2023

The global economy is presently witnessing a significant increase in corporate bankruptcies, leading experts to raise concerns about the potential severity of...

19 Jul 2023

Piraeus Bank is proceeding with the sale of two small portfolios with receivables from non-performing loans , taking advantage of the opportunity to boost net...

18 Jul 2023

Deutsche Bank liquidates positions in damaged assets acquired after the financial crisis in Spain. Its investment banking unit has brought to the market a...

16 Jul 2023

Mr. Konstantinos Kounadis has accepted the position of CEO of Thea Artemis S.A., a loan servicing company managing a €1.3 billion non-performing loan...

14 Jul 2023

Commercial banks hold about 60% of all CRE loans in the U.S., with 43% held by banks with total assets less than $100 billion. Moreover, for 168 banks, nonfarm...

13 Jul 2023

Coop Alleanza 3.0 , the largest and most important of the consumer cooperatives in the Coop system and supermarket giant with roots in Reggio Emilia, has sold...

13 Jul 2023

Sareb, the company created to dispose of the real estate assets of the rescued banks, has sold a portfolio of 3billion in unpaid loans without a mortgage...

13 Jul 2023

Spain is the second country in Europe with the largest 'stock' of doubtful loans ('non-performing loans'), with 75,500 million euros, behind France, which leads...

12 Jul 2023

5th annual global summit will feature panel discussions on Europe, Brazil/LATAM, India, US, MENA, Greece, Spain, Turkey, Italy, ... Network with senior Banking...

12 Jul 2023

Gescobro Collection Services, controlled by the Cerberus fund, changes its name to GCBE Advanced Solutions to reflect the transformation and evolution of the...

11 Jul 2023

With the aim of completing the consolidation of bank balance sheets from non-performing loans, the government is proceeding with a new activation of the...

11 Jul 2023

The financial company of El Corte Inglés resorts has headed to the market again to sell a portfolio of defaulted loans . The company has sold a portfolio of...

11 Jul 2023

At the end of this week, the big US banks' second-quarter reporting season begins in the US. Increasing profits are expected due to the interest rate...

11 Jul 2023

The Back2Bonis fund, an investment fund in non-performing credit, in particular UTP linked to the Italian real estate sector, has reached 2.5 billion euro of...

10 Jul 2023

PHILIPPINE BANKS’ nonperforming loans (NPLs) further increased in May, bringing their NPL ratio to the highest in nine months, central bank data showed. ...

10 Jul 2023

Negative news for US banks JP Morgan & Co, which are preparing to announce the largest jump in NPLs since the beginning of the Covid-19 pandemic. The US...

9 Jul 2023

Sri Lanka’s banking sector is now saddled with additional pressure from the ever increasing non-performing loans (NPLs) given to COVID-19 hit businesses and...

8 Jul 2023

The total of unpaid installments by almost 1 million Italian families is close to 15 billion euros : the increase in the cost of money, the increase in interest...

7 Jul 2023

Banca Privata Leasing, part of the group of the same name established following the acquisition of ADV Finance, Procredit and ADV Family in 2020, has...

7 Jul 2023

The EUR 1 billion NPL bundle taken over by DDM Holding, a specialized multinational investor in situations arising from the general strategic challenges in...

7 Jul 2023

Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors' worries...

6 Jul 2023

Finance Minister Nirmala Sitharaman on Thursday asked heads of public sector banks (PSBs) to ensure fair and transparent recognition of bad loans and pursue...

6 Jul 2023

The transaction, structured by Intesa Sanpaolo ( IMI corporate & investment banking division ) and by Banca Akros (corporate & investment bank of the...

5 Jul 2023

Root Capital, a Brazilian asset manager that specializes in credit, plans to raise about $400 million for a fund to invest in distressed corporate assets in the...

4 Jul 2023

CaixaBank continues to remove problematic assets from its balance sheet. The entity has launched the "Twister Project", a portfolio of around 650...

4 Jul 2023

Mumbai: Piramal Capital & Housing Finance has sold a loan outstanding pool of ₹3,656 crore bad loans to Omkara ARC for ₹625 crore, said two sources...

3 Jul 2023

South Korean banks' loan delinquency ratio rose in April on higher borrowing costs, data from the financial watchdog showed Monday. Bank loans overdue at...

3 Jul 2023

Thailand’s central bank is preparing a series of regulatory guidelines to tackle the “worrying” level of household debt, one of the highest among major...

3 Jul 2023

DDM Debt AB (Nasdaq Stockholm: DDM Debt 2026) ("DDM Debt") announces that it has signed an agreement for the acquisition of a NPL portfolio containing...

3 Jul 2023

Regional and midsized US banks have stepped up efforts to sell off their loan portfolios to private credit, looking to raise cash and cut their capital...

30 Jun 2023

Cherry Bank yesterday announced the acquisition of a new 37 million euro gross NPL portfolio, corresponding to over 300 debt exposures. The operation, following...

30 Jun 2023

US regional banks and finance companies are increasingly selling off their consumer loans as funding them gets harder and more expensive, flooding private...

29 Jun 2023

KRUK Italia announces that it has concluded, through the SPV of Gruppo KRUK Investimenti, the acquisition of a portfolio of non-performing corporate secured...

28 Jun 2023

State-run banks' gross non-performing assets (GNPAs) from the credit card segment have doubled to 18 per cent at the end of FY23, Reserve Bank of India said on...

28 Jun 2023

The Indian banking sector's bad loan ratio could improve to 3.6% by March 2024 from a 10-year low of 3.9% in March 2023, provided macroeconomic conditions don't...

27 Jun 2023

Integrated System Credit Consulting Fintech (ISCC Fintech), a company active in the purchase of granular portfolios of NPL credits and listed on Euronext Growth...

27 Jun 2023

One of the potential growth areas for AI in real estate is in lending associated with performing and non-performing loans.

26 Jun 2023

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that certain funds managed by its...

26 Jun 2023

PacWest Bancorp (PACW.O) unveiled a deal on Monday to sell a $3.54 billion lender finance portfolio to asset manager Ares Management (ARES.N), its latest move...

24 Jun 2023

The time is counting down for the full integration into Greek legislation of Community Directive 2167/2021 for credit managers, which promotes the development...

23 Jun 2023

KRUK Italia announces that it has concluded, through the SPV of Gruppo KRUK Investimenti, the acquisition of a portfolio of non-performing corporate secured...

23 Jun 2023

U.S. fund Blackstone (BX.N) is considering selling an unsecured loan portfolio with a face value of 2 billion euros ($2.2 billion), two sources with knowledge...

23 Jun 2023

Blackstone has put up for sale one of the large portfolios linked to brick which, in turn, came from toxic bank assets. The US fund has come onto the market...

22 Jun 2023

MyCredit spa, as investor and asset manager, and Banca del Fucino, as paying agent and custodian bank, have conducted a real estate securitization transaction...

22 Jun 2023

Struggling mortgage holders will be given a 12-month grace period before their repossession proceedings begin, in an agreement between Jeremy Hunt and...

21 Jun 2023

Italy's Treasury has named Andrea Munari, the former head of French bank BNP Paribas' (BNPP.PA) Italian arm, as the new head of state-owned bad loan manager...

21 Jun 2023

Iheb Nafaa, CEO of Servihabitat , has informed the company of his decision to leave the company to lead a new project outside the real estate sector based in...

21 Jun 2023

Banco Sabadell explores alternatives to free itself from provisions in loans to companies. While negotiating with the rest of the financial entities to create a...

20 Jun 2023

Africa's biggest lender by assets Standard Bank SBKJ.J said on Tuesday its proportion of non-performing loans would rise in the six months to June 30 due to...

20 Jun 2023

Mumbai: Kotak Mahindra-backed Phoenix ARC along with Cerberus Capital and Ares SSG with ACRE are two bidders vying for Piramal Group's distressed loan portfolio...

19 Jun 2023

After the sale of the Harvey project fell through, Novo Banco is once again committed to selling its non-performing loan portfolios. But this time individually....

19 Jun 2023

Following its announcement from 14.2.2022 and in accordance with its strategy to reduce the stock of Non-Performing Loans, Alpha Services and Holdings S.A....

19 Jun 2023

Yapı Kredi Bank has decided to sell its non-performing loans worth TL 1.1 billion for TL 333.5 million. According to the statement made by the bank to the...

18 Jun 2023

Bad or non-performing assets (NPA) in banks’ credit card segment jumped by Rs 765 crore, or 24.5 per cent, to Rs 3,887 crore in the April-December period of...

16 Jun 2023

In setting up funds, which will finance sustainable arrangements or final settlements for non-performing loans under their management, the servicers look...

16 Jun 2023

Sweden's government is ready to step in to stem the fallout from a property rout if tumbling prices cause a wider crisis - a potential harbinger of trouble...

15 Jun 2023

China Great Wall Asset Management, one of the country’s four largest asset managers, has joined forces with Hainan Haide Capital Management to enter the bulk...

15 Jun 2023

Italy is reevaluating its plans to manage billions of euros in secured loans during the pandemic and energy crises, in case borrowers run into difficulties,...

15 Jun 2023

On behalf of the Federal Deposit Insurance Corporation (FDIC) in its capacity as Receiver for Silicon Valley Bridge Bank - Germany Branch, First Financial...

14 Jun 2023

A new code of ethics is being introduced by the Council of Ministers after the elections. At the same time, at the end of the year, a community directive on the...

14 Jun 2023

Alantra has advised Banco Santander, S.A. (“Santander”), the second largest Spanish bank by volume of assets, on the sale of a Real Estate Owned Portfolio...

14 Jun 2023

NPL Resolution Framework II is a follow-on to the NPL Resolution Framework which targeted NPL resolution in the aftermath of the financial crisis. Although...

13 Jun 2023

Alantra announces the launch of its Investment Banking headquarters with the opening of a new office at Cannon Street, London. Since being established in...

13 Jun 2023

Santander accelerates the cleanup of its balance sheet . It has completed the sale of almost 200 million euros in REOs (properties awarded after the foreclosure...

13 Jun 2023

The non-performing loans rate was 2.73% at the end of March 2023, compared to 2.65% at the end of last year and 3.31% in March 2022, according to data...

10 Jun 2023

The Reserve Bank of India (RBI) is considering increasing the risk weights on unsecured personal loans and outstanding credit card balances in order to control...

9 Jun 2023

Satisfaction at Mobilize Financial Services (RCI Banque SA), after the sale of a portfolio of unsecured non-performing loans , originating from financial...

9 Jun 2023

Loans in Fannie Mae's Single-Family credit risk transfer (CRT) reference pools may be included in non-performing loan (NPL) sales. In some instances, mortgage...

9 Jun 2023

Sareb encourages the debt sale market with a portfolio of unpaid loans with no guarantees or collateralized properties, whose nominal value is close to 3,000...

8 Jun 2023

Santander Consumer Finance streamlines the cleaning of their balance sheet. Santander's consumer subsidiary has disposed of bad credit portfolios valued at...

8 Jun 2023

Gelecek Varlık Yönetim A.Ş bought a portfolio of non-performing loans. In the statement made to the Public Disclosure Platform (KAP), "Our company is...

8 Jun 2023

Pressure from European regulators turning the screws on banks to ensure they’re managing risk properly is likely to drive sales of soured loans in coming...

8 Jun 2023

As of 31 December 2022, investments in NPLs by Officine CST, a company chaired by Roberto Nicastro , specialized in the management of both performing and non-...

8 Jun 2023

Mps has just received the non-binding offers for a portfolio of non-performing loans (mainly leasing) with a nominal value of around 400 million. According...

8 Jun 2023

European banks' asset quality is set to worsen this year as inflation dents corporate profits and tighter financial conditions put households under pressure. ...

7 Jun 2023

Alantra has advised Banco Montepio (“the Bank”), a Portuguese landmark bank, on its second residential synthetic securitization on a long weighted-average...

7 Jun 2023

The rise in interest rates could lead to a scenario of default, by consumers and companies, on the payment of their credits. This Wednesday's news from the ECO...

7 Jun 2023

Intrum Solvia, Hipoges (belonging to KKR), doValue and Anticipa-Aliseda, the four big 'servicers' in Spain, manage assets worth more than 175,000 million,...

6 Jun 2023

Barclays Plc is seeking to sell about €5 billion ($5.3 billion) of Italian mortgage loans as part of plans to exit retail banking in the country. The UK...

6 Jun 2023

Within the convulsion that most real estate markets are experiencing after months of sharp rate rises, the United Kingdom hides a true 'time bomb' - as the...

5 Jun 2023

L&T Finance has initiated a bidding process to sell non-performing loans worth ₹3,022 crore to asset reconstruction companies. These loans are spread...

5 Jun 2023

South Korean credit card companies saw their overdue bond sales surge by 82 percent in the first quarter from a year ago as they preemptively monetized the...

5 Jun 2023

Madrid has become home to thousands of Argentines, Mexicans, Colombians and other Latin American citizens almost overnight. This statement does not seem new or...

5 Jun 2023

Deutsche Bank economists forecast an “imminent” wave of defaults in the United States (US) and Europe, peaking in the fourth quarter of next year. The...

3 Jun 2023

Cherry Bank SpA and Banca Popolare Valconca SpA in Extraordinary Administration have announced that they have signed the Framework Agreement which governs the...

1 Jun 2023

Credit management services company Intrum has completed the acquisition of the Capquest and Mars UK servicing platforms from European fund manager Arrow Global....

1 Jun 2023

Banks continue to drain toxic assets. Last year, the main financial institutions, including Sareb, parted with 9,216 million euros in this type of...

1 Jun 2023

Intrum AB successfully completes the acquisition of the Capquest and Mars UK servicing platforms from Arrow Global Group and 50 per cent of Arrow’s UK...

31 May 2023

The EU Directive (EU) 2021/2167 (NPL Directive), published in the Official Journal of the EU on 8 December 2021 and regulating the sale, purchase and servicing...

30 May 2023

A mortgage timebomb is poised to detonate. Since the Bank of England raised interest rates from 0.1 per cent to 4.5 per cent, research by the Resolution...

29 May 2023

Large international investors are taking advantage of the arrival of new funds to liquidate their positions in Spain. Deutsche Bank , which has a bank record,...

29 May 2023

The latest report from the State Bank of Vietnam (SBV) reveals that as of the end of February 2023, the non-performing loans (NPLs) across the entire banking...

25 May 2023

Alpha Bank has completed the transfer of a mixed portfolio of secured Non-Performing Loans of Greek Large Companies and Small and Medium Enterprises (the...

25 May 2023

Solvia, Intrum's real estate brand in Spain, has been chosen by BuildingCenter, a CaixaBank real estate subsidiary, for the maintenance and sale of its assets. ...

23 May 2023

Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to...

22 May 2023

Concerns have been raised that loans worth Rs 300 crore disbursed by more than 30 banks under the Bihar government’s much-touted Bihar Student Credit Card...

22 May 2023

BPER Banca and its subsidiary Banco di Sardegna have sold to AMCO a portfolio of UTP loans, mainly corporate, with a total gross value of around 430 million...

22 May 2023

Banca Ifis and Mediobanca have signed a long-term partnership for the management of non-performing loans. According to the agreement, Banca Ifis will acquire...

22 May 2023

Credit Factor, a joint venture 50% owned by Banca Capasso (IBL Banca Group) and 50% by Europa Factor ( a spa specialized in debt collection), grows in the...

19 May 2023

The management of D. Dimopoulos - A. Vartholomaiou is preparing a plan for the development and parallel consolidation of the balance sheet from bad loans. ...

19 May 2023

The "red" loans of each category (business, housing, consumer) which are in the Banks' portfolios or are managed by the loan and credit receivables...

19 May 2023

Chinese commercial banks' non-performing loan ratio stood at 1.62% at the end of the first quarter, the China Banking and Insurance Regulatory Commission said...

18 May 2023

Intrum Italy, a service company active in the credit sector in Italy, and the companies of the Arrow Global Group, Sagitta Sgr, specialized in collective asset...

17 May 2023

The number of non-performing mortgages in the banking sector in 2022 rose by the sharpest margin in five years, the latest data by the Central Bank of Kenya...

17 May 2023

EU and EEA banks' CRE exposure ticked up by 9% in 2022 according to the EBA. French banks had the largest exposure by total volume, at €275.5 billion as of...

15 May 2023

Hong Kong headquartered SC Lowy, which invests in high yield and distressed credits, plans to open an office in the UAE capital Abu Dhabi amid growing...

15 May 2023

DB Mutui has completed the disposal of its credit management platform together with an NPE portfolio. The credit recovery division was acquired by Banca...

14 May 2023

The country was reported to have the second-highest ratio of non-performing loans (NPLs) among South Asian countries, behind only Sri Lanka, as per a recent...

14 May 2023

European Central Bank interest rate hikes are in their final stretch, ECB Vice President Luis de Guindos told an Italian newspaper, while warning that higher...

14 May 2023

Collections from loan modifications and final settlements of non-performing exposures are, for the time being, the "backbone" of collections carried...

12 May 2023

The central bank noted that the Greek banking sector is now clearly better placed than in the past to absorb international market shocks, while the...

12 May 2023

Between the end of 2016 and the beginning of 2017, when Italy was still licking its wounds from the sovereign debt crisis, another bogeyman was shaking our...

12 May 2023

As most of the companies have already announced their Q4 results, it is good to know about NPAs of banks for investors who have bank stocks in their portfolios....

12 May 2023

Hoist Finance, an asset manager company among the main European players in the NPL market, has appointed Andrea Giovanelli as Italian Country Manager....

11 May 2023

Intrum has agreed to acquire 100% of Haya Real Estate, a Spanish servicing platform for a consideration of EUR 140 million. The transaction is expected to be...

11 May 2023

Tunisia and Egypt are edging closer to major debt crises which could suck in a volatile North Africa region and pose tough choices to wealthy Gulf Arab...

11 May 2023

Gelecek Varlık submitted the highest bid in the NPL portfolio purchase tender. The CAP statement is as follows: Our company won the tender for 1...

11 May 2023

Lenders to Go Airlines (India) Ltd will classify their loans to the company as "non performing" in the current quarter, but are hopeful that the...

11 May 2023

Global law firm White & Case LLP has advised long-standing client Alpha Bank, one of the Greek systemic banks, on the agreement to dispose of a portfolio of...

9 May 2023

Despite today’s wider economic conditions and uncertainty that continue to threaten to disrupt the property market, there are some unexpected opportunities...

8 May 2023

Bain Capital is seeking to raise $4 billion for a new global "special situations fund" as the U.S. firm sees an opportunity to snap up distressed...

8 May 2023

As part of the non-performing loan management strategy, further sales of over 700 million euro have been envisaged over the period of the plan, with a clear...

8 May 2023

State-owned Bank of India (BoI) shares plunged nearly 9% on Monday on the NSE, tracking weakness in the overall PSU bank stocks. It was the worst-performing...

8 May 2023

Hipoges takes advantage of the tailwind left by the sale of residential portfolios by Goldman Sachs. The KKR fund servicer has taken over part of the real...

7 May 2023

The total amount of loans extended by Korea's top five banks to small-and-medium-sized businesses whose deadlines on repayments of principal have been delayed...

5 May 2023

The sale of large portfolios of toxic assets in Spain has returned. Banco Santander has once again parted with a package of defaulted loans worth 1.1 billion...

5 May 2023

*EVENT IS HELD IN GERMAN LANGUAGE* On May 24th it's that time again: The NPL FORUM provides information about the latest developments in the banking market and...

5 May 2023

In a binding agreement for the sale of the portfolio of non-performing loans "Hermes" came Alpha Bank with entities connected to Fortress Credit and...

5 May 2023

Alert is being raised in the banking sector over a bag of €87 billion in credits that is kept under special surveillance. Despite the fact that in recent...

4 May 2023

Spain added 79 billion euros in terms of the stock of doubtful loans at the end of the third quarter of 2022, 3% less compared to the 81,600 million registered...

3 May 2023

Whether your company is headquartered in Milan, Madrid, Lisbon, Barcelona or even London, there is a significant opportunity to gain valuable brand exposure...

2 May 2023

Mahindra & Mahindra Financial Services expects its non-performing assets to further reduce in the current fiscal as the non-banking finance company (NBFC)...

2 May 2023

Monarch Alternative Capital LP, an investment firm with approximately $11 billion of assets under management, has expanded its hospitality portfolio through...

1 May 2023

As the Central Bank adds new orders to limit foreign exchange demand, the banking system's risk of 'problem loans' is also growing. The Banks Association...

1 May 2023

Contact us now if you are interested to network with senior Banking executives responsible for NPL disposals, the leading Servicers, Investors and Advisors.

1 May 2023

We recently sat down with John Yung, who began serving as President, International and Cabot Credit Management in May 2023, to discuss his leadership philosophy...

28 Apr 2023

In my intervention, I will first provide an overview on how the NPL challenges have been addressed at EU level after the Global Financial Crisis (GFC) as well...

28 Apr 2023

Yapı Kredi Bank decided to sell its uncollectible receivables. The Bank has decided to sell its 905.8 million TL NPL receivables for 233.1 million TL. In...

27 Apr 2023

India's banking system has remained resilient and unaffected by sparks of instability witnessed by some advanced economies, Das said. The gross...

27 Apr 2023

SmithNovak hosted market participants over two days at its annual European non-performing loan (NPL) conference to discuss the state of the market, macro and...

27 Apr 2023

Non-performing loans (NPLs) rose by €12.8 million in January 2023 compared with December 2022, amounting to €2.32 billion or 9.5% of total loans. ...

27 Apr 2023

Bper has completed the sale of a UTP credit portfolio of the parent company and Banco di Sardegna 'for a collectible value of around 470 million'. The...

27 Apr 2023

Arrow Global Limited (“Arrow Global”), a leading vertically integrated alternative asset manager specialising in credit and real estate, has announced its...

26 Apr 2023

Since 2018, we have supported our clients auction facilitation needs in over 600 auctions with real estate valued at over €500m across Italy. Our latest...

26 Apr 2023

The visiting International Monetary Fund mission has once again expressed concern over the growing non-performing loans in the county’s banking sector...

26 Apr 2023

One month ago Helix Ice attended the annual NPL Europe conference which was organised by SmithNovak in London. It was a great opportunity to meet other...

26 Apr 2023

The Greek banking group Piraeus sells a portfolio of loans from Romania with a nominal value of around 350 million Euros. Kruk, APS, Bain Capital, and B2...

26 Apr 2023

As the financial infrastructure of the Middle East develops, a new force is making its mark on distressed restructuring: litigation finance. Banks and...

25 Apr 2023

Goldman Sachs has finalized with Bank of America the sale of its portfolios of real estate assets in Spain, acquired some 10 years ago from entities such as...

25 Apr 2023

First-quarter bank earnings have shown real signs of rising stresses. Wells Fargo, for example, reported that its non-performing commercial real estate loans...

24 Apr 2023

doValue Greece is putting up for sale over €1 bn euros of non-performing and re-performing loans in 2023. The servicers is aiming to lighten its portfolio and...

24 Apr 2023

LCM Partners (LCM) today announced the successful final close of the Credit Opportunities 4 Strategy, with total capital commitments of €4.1 billion across...

21 Apr 2023

Under the reform agreed at the EU level in 2021 but still not ratified, the 500 billion euro ($547.90 billion) ESM would provide a backstop to the Single...

18 Apr 2023

PRA Group, a global leader in acquiring and collecting nonperforming loans, has announced the appointment of Owen James as global investments officer, effective...

16 Apr 2023

Italy has put on hold plans to revive a scheme under which the state provides guarantees to help banks offload bad loans, three people close to the matter told...

14 Apr 2023

The share of bad debts to the banking sector’s total loan book climbed for the second straight month in February amid slower credit growth arising from the...

12 Apr 2023

After the increase in the share capital, the Bank's management proceeds with the implementation of the next goal, that of the reduction of bad loans. Today...

12 Apr 2023

Greece's four largest banks will absorb any further interest rate hikes on mortgage loans for 12 months from May to help households cope with rising housing...

12 Apr 2023

Gelecek Varlık won the tender for 2 individual portfolios of non-performing from Yapı ve Kredi Bankası. The CAP statement is as follows: Our company...

10 Apr 2023

Even as China's property market faltered, their nonperforming loan ratios -- which measure bad debts as a percentage of the total -- remained steady overall....

10 Apr 2023

UniCredit has announced that its German subsidiary, UniCredit Bank AG, has signed an agreement for the sale without recourse of a portfolio consisting of German...

10 Apr 2023

Lenders last year sold off 2.7 trillion yuan ($392 billion) in NPLs, according to the mainland regulator, with many of the delinquent debts winding up on the...

6 Apr 2023

A battle is developing between Bracebridge Capital and Fortress, who are competiting for a portfolio of regulated loans, based on the Katseli Law, which...

6 Apr 2023

ISCC Fintech, a company listed on the Euronext Growth Milan market, has announced the acquisition of an unsecured loan portfolio consisting of 1,873...

6 Apr 2023

Allen & Overy has advised Arrow Global, a leading international fund manager and asset manager of non-performing and non-core assets, in the acquisition of...

5 Apr 2023

Point Hope Pte Ltd, a Singapore-based fund manager, has partnered with Longan Group Pte Ltd, the leading investor and debt servicer in Southeast Asia, to launch...

5 Apr 2023

Europe 2023 What’s In Store – Technology adoption was a key theme for the conference with data quality being on the table as a major topic - yet again! ...

5 Apr 2023

The European Central Bank’s (ECB) supervisory expectations in the crucial area of credit risks have continued to evolve rapidly this year. In this blog, I...

5 Apr 2023

KRUK Italia, a company of the multinational group with headquarters in Poland and significant operations in the Czech Republic, Romania, Germany, Spain and...

4 Apr 2023

Prosperty Solutions announces the official launch of its revolutionary ecosystem of tech-enabled solutions and professional services designed specifically to...

3 Apr 2023

MONETA Money Bank sells another portfolio of non-performing loans and their extraordinary profit amounts to CZK 201 million. The sold portfolio consisted of...

3 Apr 2023

KRUK Group, the largest debt management company in Central and Eastern Europe, operating in seven states, invested about 90 million euros in Romania last year,...

3 Apr 2023

Integrated System Credit Consulting Fintech Spa announced on Monday that it has finalized an agreement to purchase a portfolio of NPL unsecured loans...

3 Apr 2023

Integrated System Credit Consulting Fintech (ISCC Fintech), a company active in Italy in the sector of the purchase of granular portfolios of non-performing...

2 Apr 2023

The cost of living and cost of doing business in Pakistan have risen significantly in recent times, leading to a surge in non-performing loans (NPLs) and...

31 Mar 2023

Hellenic Bank this week released a statement announcing the completion of Project Starlight, which refers to the sale of a non-performing exposures (NPE)...

30 Mar 2023

Rising country-specific headwinds are mounting in Italy which could influence the pace of non-performing loans (NPLs) in the year ahead. 2023 looks set to be...

30 Mar 2023

Industrial and Commercial Bank of China (ICBC) 601398.SS, 1398.HK, the world's largest listed lender by assets, said on Friday it was impacted by property...

30 Mar 2023

The SMERemediumCap (SMERC) investment fund on Wednesday revealed plans for the portfolio known as “Project Tethys”, which includes a collection of hotel...

29 Mar 2023

The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions in tandem with an effective insolvency framework...

28 Mar 2023

Cherry Bank announced the creation of a new business line dedicated to alternative investments. The bank, which specializes in business support services,...

27 Mar 2023

We all read the news about Hoist and Lowell making a big deal in the Nordics and that now Hoist are entering the market. Nice to be right as we at Helix Ice...

24 Mar 2023

Omkara Asset Reconstruction Company has bid Rs1,195 crore for India's leading mortgage lender HDFC's wholesale bad loan portfolio, which includes several...

22 Mar 2023

Pollen Street today announces it has acquired a majority stake in Finsolutia, a leading technology-driven credit and real estate platform based in Iberia. ...

21 Mar 2023

Hoist Finance has entered into an agreement with Lowell to acquire a Swedish portfolio of non-performing loans, consisting of unsecured consumer loans. The...

20 Mar 2023

European bank share prices whipsawed in mid-March, as instability fears within global financial markets reignited. Credit Suisse’s stock price plunged by...

16 Mar 2023

The nominal value of the acquired portfolio (project Osiris) is totaling EUR 24 million. This deal consists of nearly 7.000 private unsecured loans with an...

15 Mar 2023

Cold winds are blowing in a country judged by the Economist to be one of the developed markets most vulnerable to a housing crash. The most up-to-date...

15 Mar 2023

While banks’ asset quality remained relatively resilient to the COVID-19 pandemic, there is growing concern that pressure is now mounting and pointing...

10 Mar 2023

REInvest is a Greek real estate and property services business applying its knowledge of the local property market to deliver a client-centric service...

10 Mar 2023

The Finance Ministry is considering possible actions to tackle non-performing loans and is examining a set of measures aiming to address the issue, Finance...

9 Mar 2023

The non-performing loan (NPL) ratio of Philippine banks increased for the first time in 10 months amid a slower credit growth after a series of aggressive rate...

8 Mar 2023

13th annual NPL Europe conference will feature key panel discussions on NPL Market Regulation, Collections Technology, and European Real Estate, as well as...

7 Mar 2023

The large sales of credits to Spain, known as jumbo operations, has returned. One of the largest funds present in Spain, the Norwegian Axactor, has launched the...

6 Mar 2023

High interest rates, inflation and retrenching of banks are creating the real estate perfect storm that opportunistic investors have been waiting for. Bain ...

3 Mar 2023

Nonperforming loans held by banks in Asia totaled $794 billion at the end of 2021 (up from $766 billion in 2020 and $692 billion in 2019) according to official...

1 Mar 2023

According to the Moody’s rating agency in Italy ‘non-performing loans will increase as price increases have affected the creditworthiness of households and...

27 Feb 2023

The market for non-performing loan (NPL) transactions is expected to grow, as a result of the COVID-19 pandemic. This article outlines some of the most...

24 Feb 2023

Italy's doValue said its new contracts to recoup bad loans across southern Europe this year could reach €52 billion (US$55 billion), after its loan portfolio...

23 Feb 2023

The gross NPA ratio for the small and medium enterprises may rise to 10-11% by March 2024, the Associated Chambers of Commerce and Industry of India and CRISIL...

23 Feb 2023

doValue S.p.A. (“doValue”) is pleased to communicate the completion of Project Souq, the disposal to Intrum of two NPL portfolios of approximately €630...

22 Feb 2023

doValue has completed the Souq Project, the sale to Intrum of two NPL portfolios of approximately EUR 630 million of aggregate Gbv linked to the securitization...

22 Feb 2023

Santander and Caixabank will pull the bandwagon this year in sales of non-performing loan portfolios , largely with mortgage guarantees or linked to real...

20 Feb 2023

Collections on Italian NPL securitisations have remained fairly constant on a samemonth basis for the past three years. December receipts amounted to EUR 263m...

17 Feb 2023

Piraeus Bank Spinout Chooses Recognyte for Real Estate Valuations REM Real Estate Management Single Member SA (REM) manages more than 2,000 Piraeus Bank owned...

16 Feb 2023

The Banca Finint Group has signed an agreement with Deutsche Bank, together with the Italian NPL Opportunities Fund, for the purchase of 296.5 million...

15 Feb 2023

From the process of selling defaulting loan portfolios - and/or the resulting real estate - carried out by Banks and other Financial Institutions, passing...

15 Feb 2023

While real estate is often a long game, buying properties needn’t be. Yet for those firms with particularly “patient capital”, like New York-headquartered...

13 Feb 2023

The opportunistic, or distressed, funds once again put the spotlight on the Spanish real estate sector. One of the best-known investors in the City of London is...

13 Feb 2023

A new wave of NPLs “is almost inevitable” but for the Italian banking system “I don’t see major problems on the horizon because it is solid" said...

13 Feb 2023

According to reports, China tightened risk management regulations last weekend, requiring banks to categorize financial asset risks promptly and prudently. From...

11 Feb 2023

The rise in interest rates torpedoed the bank's clean-up effort: last year it put an end to sales of portfolios of "toxic assets" with a combined...

10 Feb 2023

The BCC Iccrea Group has completed a new transaction for the sale of non-performing loans, represented by non-performing loans and UTPs, for a total value of...

10 Feb 2023

Santander accelerates the cleanup of its balance sheet with three operations in Spain and Portugal. In the closing stages of 2022, its Portuguese subsidiary...

9 Feb 2023

The battle to win the big portfolio of the year in the servicers sector has begun. Last Friday, CaixaBank received offers from the main managers to win the...

9 Feb 2023

Bank delinquency is under control, but there is a latent risk in the midst of a price crisis and economic uncertainty. CaixaBank and Sabadell have increased the...

8 Feb 2023

The largest banks in the country arrive at 2023 with their homework done. All six have managed to reduce delinquency rates by clearing their balances of unpaid...

8 Feb 2023

About eighty banks belonging to the BCC Iccrea group (75 BCCs, BCC Banca Iccrea, BCC Banca Impresa and Banca Medio Credito del Friuli-Venezia Giulia) once again...

8 Feb 2023

In specific figures, the volume of non-performing loans increased by UAH 87 billion ($2.4 billion) over the last year, to UAH 432 billion ($11.8 billion). The...

8 Feb 2023

European Central Bank supervisors will zero in on bad loans this year after finding that some euro zone banks had set too little money aside for them or were...

3 Feb 2023

Grant Thornton and its Asset Recovery Fund (ARF) announced the purchase of a 1.3 billion dirham ($357 million) portfolio of distressed non-performing loans...

3 Feb 2023

KBC Bank Ireland plc (“KBC Bank Ireland”) and The Governor and Company of the Bank of Ireland (“Bank of Ireland”) closed the transaction whereby Bank of...

31 Jan 2023

The share of Italian banks' corporate loans turning sour is set to further increase this year, after rising for the first time in a decade in 2022, a study...

31 Jan 2023

Investment funds advised by Davidson Kempner Capital Management LP ("Davidson Kempner"), have completed the acquisition of a portfolio of...

31 Jan 2023

The country with the highest stock of non-performing loans (assets) of the general government in the EU in 2021 remained Cyprus, with the percentage moving to...

30 Jan 2023

More banks are anticipated to sell their non-performing loans (NPLs) in the market this year with the ending of the loan moratorium last year, further impacted...

30 Jan 2023

Piraeus Bank, Greece's fourth-largest lender by market value, said on Monday that it will cut its non-performing exposures (NPEs) ratio to below 6% of its loan...

27 Jan 2023

Less than five months after its launch and its first funding closing, illimity real estate credit ( iREC) has reached its second closing, the fund which, under...

26 Jan 2023

Pepper Advantage Spain wins loan management mandate from an international private equity firm for corporate real estate portfolio with more than €350 million...

26 Jan 2023

A second transaction has closed for the joint venture between BCMGlobal, one of the main independent European credit management operators (part of the...

25 Jan 2023

The alternative investment fund dedicated to European NPLs, Arrow Credit Opportunities, managed directly by Europa Investimenti, has purchased a portfolio of...

25 Jan 2023

The Government has taken the first steps towards creating a market to make it easier for vulture funds to buy and sell loans in arrears. Finance Minister...

25 Jan 2023

Unicaja closes a new operation to drain unproductive assets. The entity has awarded Cerberus and Deutsche Finance a portfolio of REOs or properties awarded...

24 Jan 2023

Gelecek Varlık has completed the post-bid transfer and assignment transactions of Denizbank's overdue portfolio. The CAP statement is as follows: It was...

23 Jan 2023

Intrum has closed the management of a securitized portfolio of more than 5,800 sub-performing mortgage loans, owned by the Ellington Management Group in Spain. ...

23 Jan 2023

BcmGlobal has completed a second investment in the Italian market, through the partnership established with a group of important international institutional...

23 Jan 2023

Low-yield credits in the hands of financial institutions are close to their highest level since the promotion of the banking union in 2012. The president of the...

23 Jan 2023

Fannie Mae (FNMA/OTCQB) today announced the results of its twenty-eighth reperforming loan sale transaction. The deal, announced on October 6, 2022, included...

22 Jan 2023

The share of non-performing loans (NPLs) in Ukraine reached 37% in December 2022, the highest level since the nationalisation of Privatbank in 2016. (chart) ...

20 Jan 2023

Collectius, the leading debt restructuring partner for financial institutions in Asia, recorded an 18 per cent increase in full-year revenue to US$41.4 million...

20 Jan 2023

The slump in the world’s biggest asset class has spread from the housing market to commercial real estate, threatening to unleash waves of credit turmoil...

20 Jan 2023

Cepal Holdings (“Cepal”) announced the completion of the sale of a corporate reperforming portfolio of loan receivables to Optima Bank S.A. (“Optima...

18 Jan 2023

Cajamar continues to decrease liability with the sale of damaged assets. The entity has awarded another portfolio of doubtful loans without collateral (NPL) to...

18 Jan 2023

The Board of Directors of Intrum AB (publ) (“Intrum”) has appointed Andrés Rubio President and CEO of Intrum. “I am very pleased to announce that...

18 Jan 2023

doValue Spa on Wednesday announced that the Efesto Fund -- managed by Finint Investments SGR and whose servicer is doNext -- has received confirmation to the...

16 Jan 2023

Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing...

16 Jan 2023

EOS Spain is part of the EOS Group, an international financial investor, expert in the acquisition and management of guaranteed and unsecured NPL (Non...

14 Jan 2023

BBVA has closed its first synthetic securitization of a loan portfolio in the 'project finance' format. This is a risk transfer operation to institutional...

12 Jan 2023

The VP Law Firm team advised ODM Asset doo Podgorica in its purchase of the large portfolio of Crnogorska Komercijalna Banka, a member of the OTP Group. Our...

11 Jan 2023

Axactor made NPL investments of 93 million euros in the fourth quarter of 2022 and 288 million euros in all of 2022. This appears from a message from the...

11 Jan 2023

Unicredit sold to Kruk Investimenti and Credit Factor a portfolio of non-performing loans deriving from various types of loan agreements, with a total gross...

10 Jan 2023

A-Zeta, a company specialized in credit management and recovery, with a very relevant track record in the "data investigation" sector, was awarded an NPL...

10 Jan 2023

Alantra has acted as sole advisor for Banco Montepio (“the Bank”), a Portuguese landmark bank, on its first funded synthetic securitization on a...

9 Jan 2023

The slowdown in non-performing loan issuance that began last year should reverse in 2023. This is the outlook for NPLs in the European area according to...

6 Jan 2023

Cerberus Capital Management’s planned purchase of Apollo Global Management’s asset reconstruction company in India has stalled, according to people familiar...

5 Jan 2023

Unicredit prepares the disposal of a mixed portfolio of non-performing loans (non-performing loans and UTPs) with a value between 900 million and one billion...

4 Jan 2023

The management of Attica Bank is expected by mid-January to have finalized its plan to reduce the lender’s bad loans – which amount to approximately 2.5...

4 Jan 2023

In November, the volume of non-performing loans increased by UAH 11.99 billion to UAH 429.5 billion. At the same time, the share of non-performing loans in...

4 Jan 2023

The Neapolitan company A-Zeta, which specializes in credit management and recovery and is a leader in the "data investigation" sector, concluded an 83 million...

3 Jan 2023

The central themes of 2022—namely high inflation, potential economic recession, and dislocated asset prices—are expected to continue to be with us as we...

3 Jan 2023

Global growth slowed through 2022 on a diminishing reopening boost, fiscal and monetary tightening, China’s Covid restrictions and property slump, and the...

3 Jan 2023

The Great Moderation, the four-decade period of largely stable activity and inflation, is behind us. The new regime of greater macro and market volatility is...

3 Jan 2023

The new multioriginator NPL securitization transaction promoted by Luigi Luzzatti, which brings together 19 local cooperative banks, was closed a few days ago....

3 Jan 2023

The venture capital giant Apollo has chosen Pepper Advantage, belonging to the Australian-based financial servicer, to manage the remaining portfolio of the old...

3 Jan 2023

Intrum Italy has signed a servicing agreement with AMCO, an asset management company specializing in the management of non-performing loans, controlled by the...

2 Jan 2023

Policymakers, at least in the U.S. and Europe, now appear resigned to weaker economic growth in 2023. Any recessions are likely to be short-lived, but they will...

2 Jan 2023

The macro environment is not encouraging heading into 2023. There is no end in sight to the war in Ukraine. Europe faces further energy headaches next year....

30 Dec 2022

Polish banks are likely in for slight deterioration of loan portfolios quality in 2023 due to higher interest rates, inflation and lower economic growth, but...

29 Dec 2022

Banca Popolare di Sondrio S.p.A. has concluded - together with 14 other institutions - an important multi-originator securitization of bad loans called...

23 Dec 2022

The Keystone fund, set up last February by Kryalos sgr and dedicated to investments in unlikely-to-pay credits ( UTP ), has acquired a second tranche of gross...

20 Dec 2022

BNP Paribas Personal Finance, leader in consumer credit financing in Spain, better known through its commercial brand, Cetelem, has signed with KRUK, a...

20 Dec 2022

One of the largest asset management operations in Spain begins. CaixaBank has just launched the bid to take over the management and marketing of a mega-wallet...

19 Dec 2022

J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing globally in the financial services industry,...

19 Dec 2022

On December 16, 2022, EBA published the final draft Implementing Technical Standards (ITS) regarding the data templates for non-performing loan transactions....

18 Dec 2022

There is increasing pressure on the euro, whose weakness is causing severe and widening imbalances among its 19 members, including Germany, France, Italy, and...

16 Dec 2022

The European Banking Authority (EBA) today published its final draft Implementing Technical Standards (ITS) specifying the requirements for the information that...

14 Dec 2022

Our December 2022 European Banking: Credit Portfolio Update report reflects on the deteriorating macroeconomic environment and how this is beginning to impact...

13 Dec 2022

Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on...

13 Dec 2022

ECB Banking Supervision, in cooperation with the national competent authorities, has performed a thorough assessment of the main risks and vulnerabilities faced...

13 Dec 2022

On Monday 12 December, the European Central Bank (ECB) released their update of the supervisory priorities for 2023–2025, which was based on a thorough...

13 Dec 2022

Banco Sabadell wants to anticipate potential balance sheet problems and has been a pioneer by signing a contract with Altamira to analyze credits from...

13 Dec 2022

The Bank has sold its non-performing loan portfolio receivables arising from credit cards, general purpose loans, commercial loans, cheque accounts, overdraft...

13 Dec 2022

As part of their process of divestment of stocks of NPEs (non-performing exposures or non-performing loans), 19 banks belonging to the Cassa Centrale Banca...

13 Dec 2022

KRUK Italia has announced the acquisition of unsecured retail non-performing loans through the KRUK Investimenti securitization vehicle. The transaction...

12 Dec 2022

Bank and finance companies will now be able to sell stressed loans, which are in default in their books, to asset reconstruction companies (ARCs). The Reserve...

12 Dec 2022

Unicredit has concluded an agreement with Credit Factor and with a securitization vehicle managed by Kruk for the sale without recourse of a portfolio of...

12 Dec 2022

UniCredit has reached an agreement with Credit Factor SpA and a securitisation vehicle managed by KRUK SA ("KRUK") in relation to the disposal on a non-recourse...

12 Dec 2022

ECB supervision will intensify the way banks manage credit risk ( NPL ) and diversify their deposits. In the same announcement, the ECB presented the priorities...

12 Dec 2022

The following information was shared in the statement made to the Public Disclosure Platform (KAP): “Credit card, support loan, checking account,...

12 Dec 2022

The situation of economic uncertainty requires facing the coming months with maximum preparation in a changing environment. That is the idea put forward by...

7 Dec 2022

Banks in Central, Eastern and Southeastern Europe (CESEE) expect credit supply to “deteriorate significantly” over the next six months, and the ratio of...

7 Dec 2022

Efesto Credit Fund, the fund dedicated to the acquisition of UTPs from Italian banks, launched in 2020 by doNext (subsidiary of doValue) and managed by Finint...

7 Dec 2022

ALJ Finansman A.Ş has sold its non-performing loan portfolio. In the statement made to the Public Disclosure Platform (KAP), "Our company's non-performing...

6 Dec 2022

Investors should short Chinese bank stocks as policymakers turn to the nation’s commercial lenders to help reflate the property market at the expense of...

6 Dec 2022

The Fire Group, an independent player in Italy in credit management, has announced the purchase of a portfolio of NPE loans from Banca Patavina Credito...

6 Dec 2022

The pandemic and the subsequent economic crisis that broke out as a result of it hit the Spanish business fabric hard, but especially small and medium-sized...

6 Dec 2022

The European Commission (EC) published important guidelines for market participants on the best execution process for conducting non-performing loan (NPL)...

5 Dec 2022

Inflation and geopolitical uncertainties are leading to weak credit growth in the euro zone – including for real estate. According to an EY analysis, the...

5 Dec 2022

The global outlook has deteriorated markedly throughout 2022 amid high inflation, aggressive monetary tightening, and uncertainties from both the war in Ukraine...

4 Dec 2022

The worst unemployment in India has baffeled the lenders who are currently facing worst levels of sourced debts. Credit analysts are keeping a watchful...

2 Dec 2022

Here are the main insights on the NPL market from these past two weeks: - Insights on the Italian and Greek Markets GACS and Hercules Schemes. - Major...

2 Dec 2022

Cuba is now a distressed debt investor, suffering a grave foreign exchange crisis. According to Reuters, Cuba’s foreign debt was $18.5 billion in 2018, and...

2 Dec 2022

Pepper Advantage Spain to manage former Servicios Prescriptor y Medios de Pagos loan portfolio of 2+ million accounts for international private equity firm •...

1 Dec 2022

The total write-offs for the five-year period 2016-17 to 2020-21 is around Rs. 8.8 lakh crores As per RBI’s DBIE statistics, the Gross NPAs of all banks...

1 Dec 2022

Fitch has changed the approach to derive market value declines (MVD) for Italian and Portuguese NPL transactions. Baseline residential MVD are calculated on the...

1 Dec 2022

Reserve your place for this webinar that brings together a number of key industry professionals to take a look at the Debt Management and NPL transactions...

1 Dec 2022

Swedish lender Handelsbanken has completed the divesture of its banking operation in Denmark to local lender Jyske Bank. The financial value of the deal...

1 Dec 2022

The European Banking Authority (EBA) has issued its final report on the new disclosure templates to be used by EU banks selling non-performing loans (NPLs)...

30 Nov 2022

Kredinor Group has entered into an agreement with Lea bank ASA regarding the purchase of defaulted loans in Finland. The transaction is the first major one for...

30 Nov 2022

Welcome to KPMG’s European debt sales 2022 report. In this report, we identify and discuss key topics of the European bank deleveraging landscape that we...

29 Nov 2022

Bper Banca's board of directors approved the establishment of a strategic partnership between the Bper Group and the Gardant Group for the management of...

28 Nov 2022

At its meeting today, the Board of Directors of BPER Banca S.p.A. approved the creation of a strategic partnership between BPER Banca Group and Gardant...

26 Nov 2022

Asset reconstruction companies, or ARCs, have stalled the recovery process of retail non-performing loan accounts following a new Reserve Bank of India (RBI)...

26 Nov 2022

Finance Minister Christos Staikouras has asked banks to consider the Spanish model for helping financially weaker borrowers who have mortgage debts and have...

25 Nov 2022

In August, Bper Banca announced that it had selected Gardant for the start of an exclusive negotiation phase for a strategic agreement regarding the management...

25 Nov 2022

Euro-area banks will probably have to set aside more money to soak up losses when government pandemic support ends and the economy grapples with massively...

24 Nov 2022

The Government has included a clause in the Code of Good Practices to protect mortgagees who take advantage of the aid plan against vulture funds. In this way,...

24 Nov 2022

The effects of the economic slowdown on credit are at the attention of bankers and investors. The issue is also under the lens of the government, which in the...

24 Nov 2022

According to the NBU, the SLA will set in motion consideration by the IMF leadership for the approval of the PMB and a discussion at the Executive Board. It is...

22 Nov 2022

Credit management services company Intrum has agreed to a £36.5 million deal to buy the Capquest and Mars UK servicing platforms from European fund manager...

22 Nov 2022

ISCC Fintech, a company active in Italy in the sector of purchasing, managing, and recovering "granular" portfolios of non-performing loans, entered into a...

22 Nov 2022

Gelecek Varlık won the non-performing retail portfolio tender of Garanti Bank (IS: GARAN ). The CAP statement is as follows: Our company won the tender...

22 Nov 2022

With the end of the post-pandemic policy relaxation involving loan repayments, better known as loan moratorium, it seems there is no way to bring default loans...

21 Nov 2022

The Spanish government and banks agreed in principle on mortgage relief support for more than one million vulnerable households and additional aid for...

21 Nov 2022

Banca Capasso, an investor specialized in distressed secured transactions, and Reinvest, a company specialized in the analysis, acquisition and management of...

17 Nov 2022

According to Credit Village's National NPE Market Observatory, in the first half of 2022, there were secondary market transactions in the non-performing loans...

16 Nov 2022

Banks in Italy, Portugal, Greece and Cyprus could suffer some of the biggest increases in non-performing loans while France, Ireland and Luxembourg could be...

16 Nov 2022

One week after the three-month sales suspension was passed, it is expected to be one of the two measures that, once implemented, will make new extensions of...

16 Nov 2022

The Institutions are examining the consolidation of the successful "Hercules" program in cooperation with the Greek authorities, in order to create a permanent...

16 Nov 2022

International conference in Madrid featuring 180+ delegates, 100+ companies, 30+ panellists in 6 sessions. 17 sponsors confirmed.

15 Nov 2022

Cerberus lost €139 million last year from the company in which it grouped the property from the real estate assets acquired from BBVA. This is reflected in...

15 Nov 2022

Net non-performing loans (i.e. net of write-downs and provisions already made by banks with their own resources) in September 2022 are 16.2 billion euros,...

15 Nov 2022

Euro zone banks may see a surge in soured loans as rapid inflation and rising interest rates hit household incomes, particularly among the bloc's poorest, the...

14 Nov 2022

Banks have placed non-performing loans amounting to €4.8 billion in the "intensive care unit" as it is estimated that they have a high chance of not being...

14 Nov 2022

Non-performing loans made up 2.55% of Banca Transilvania’s total loan portfolio at end-September, while their coverage with related provisions and mortgage...

14 Nov 2022

According to Meilleurtaux, a third of mortgage loan files would be rejected because the loan requested represents too heavy a debt. The explosion in interest...

12 Nov 2022

Cypriot banks have not yet fully completed their legacy asset quality clean-up, says Standard and Poor's economist Sebastien Boreux. In an interview with...

11 Nov 2022

In this episode, Claudio Capo of Cardo AI shares the latest news and insights about: -The Italian NPL Market. -The Eastern-European market, with a focus on...

11 Nov 2022

The servicer sector is preparing for a new megacontest. CaixaBank is bringing to market the management of a portfolio of some 4,000 million euros of its...

11 Nov 2022

Caixabank is going to put on the market the management of a mega-portfolio of its real estate assets. This is the portfolio in the hands of its subsidiary...

10 Nov 2022

Dave Rome gives his thoughts on what is in store for 2023. As we emerge from the depths of the pandemic, the economic fallout from it and other factors are...

10 Nov 2022

Buy now, pay later (BNPL) options are rising in popularity in Asia-Pacific (APAC) where consumers are increasingly turning to these payment arrangements to pay...

9 Nov 2022

Bank of Ireland has sold off two groups of soured homeowner and landlord loans worth €1.4bn, further reducing its exposure to bad loans. The first...

9 Nov 2022

Attica Bank commissioned a new audit of its non-performing exposures (Non Performing Exposures-NPEs) portfolio, in order, based on its results, to design the...

9 Nov 2022

The non-performing loan market is expected to grow: from 2022, it is estimated that the increase should be 82 billion euros, 10 more than expected. The study...

8 Nov 2022

Banca Capasso (IBL Banca group), arranger and investor specializing in transactions with underlying assets of distressed secured loans, together with Reinvest...

7 Nov 2022

Intrum Italy, a service company and asset manager among the leaders in the credit sector in Italy, Arrow Global Sagitta Sgr Group, which specializes in...

7 Nov 2022

The doValue portfolio in Spain grows. The company, which operates in credit and real estate management services for banks and investors, has received...

7 Nov 2022

EOS Group has invested in its first portfolio of unsecured claims since the reopening of the non-performing loan market in Greece. EOS collaborates with the...

7 Nov 2022

Alpha Bank completed the sale of a Portfolio of Non-Performing and Unsecured Loans, with a total outstanding balance of Euro 0.4 billion and a total book value...

3 Nov 2022

doValue S.p.A. (“doValue”) communicates the completion of Project Virgo, a €450 million GBV secondary portfolio disposal to a fund invested into by the...

3 Nov 2022

YES Bank will transfer Rs 48,000 crore of stressed loans to asset reconstruction company JC Flowers by the end of November, said Prashant Kumar, the private...

2 Nov 2022

The Pulse of Portuguese Banking ("O Pulso") will be a semiannual report that examines the seven largest Portuguese banks ("top seven") in terms of their...

1 Nov 2022

Following on from their recent Global event in London, SmithNovak is now turning their attention to the Iberian market, with an event in Madrid entitled NPL...

1 Nov 2022

The share of non-performing loans (NPLs) in the banking sector, as of Oct. 1, increased to 33.6% compared to 30.8% on Sept. 1, according to the NBU. Thus, the...

1 Nov 2022

The Investment Banking Division of Illimity Bank SpA ("illimity"), announced the completion of the first multi-originator securitization transaction carried out...

31 Oct 2022

After three years, companies' ability to honor their debts with banks deteriorates again. But this happens with different weights depending on the sectors. In...

28 Oct 2022

Blackstone continues with its confiscation strategy in Spain. The US fund plans to sell assets for 428 million euros over the next twelve months through...

27 Oct 2022

Intrum Italy, a service company and asset manager among the leaders in the credit sector in Italy, has signed a servicing agreement with a total duration of up...

27 Oct 2022

His advice: “Be careful” with dividends and loan decisions, and keep cash buffers “high”. The outlook is clearly deteriorating,” he told the Irish...

27 Oct 2022

Intrum Italy, a service company and asset manager among the leaders in the credit sector in Italy, has signed a servicing agreement for a total duration of up...

26 Oct 2022

The Fire Group has announced the purchase of a portfolio of Unlikely-To-Pay (UtP - Probable Default) loans owned by BPER Banca for a gross nominal value (GBV)...

26 Oct 2022

Jammu and Kashmir Bank will put up for sale non-performing assets to the tune of Rs 960 crore, as part of its efforts to improve its balance sheet, sources in...

26 Oct 2022

Bank sales of nonperforming loan portfolios in the United Arab Emirates will become more common as lenders prioritize cleaning up their books and improving...

26 Oct 2022

Bank sales of nonperforming loan portfolios in the United Arab Emirates will become more common as lenders prioritize cleaning up their books and improving...

25 Oct 2022

Fannie Mae today announced the winning bidder for its twentieth Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on...

25 Oct 2022

Pepper Advantage UK manages 200,000 mortgages across a variety of asset types including residential, buy-to-let, second charge and small commercial real estate...

25 Oct 2022

Lowell Group (“Lowell”), one of Europe’s leading credit management services providers, has today completed the acquisition of Hoist Finance UK (“Hoist...

25 Oct 2022

Freddie Mac (OTCQB: FMCC) announced today the pricing of the second Seasoned Loans Structured Transaction Trust (SLST) offering of 2022 -- a securitization of...

24 Oct 2022

In June 2022, the performance of NPEs (Non Performing Exposure) recorded, for the first time in years, an increase in the default rates for loans granted to...

24 Oct 2022

Turkish banks are struggling to attract international investors to take on their swelling ranks of nonperforming loans amid differing views on valuations and...

21 Oct 2022

The COVID-19 pandemic has led to a sharp economic downturn in the EU and worldwide. Despite vast support schemes implemented by governments, banks are exposed...

20 Oct 2022

If from February to today the Italian banks have returned to active de-risking activities, the last months of the year could prove to be particularly intense in...

20 Oct 2022

Intesa Sanpaolo and Tenax Capital have signed a Memorandum of Understanding aimed at setting up a debt fund called Tenax Sustainable Credit Fund, managed by the...

19 Oct 2022

Two funds are vying for the largest sale of Banco Sabadell 's troubled assets in 2022. They are the North American KKR and the Swedish Hoist, which have...

19 Oct 2022

Fitch-rated U.S. debt purchasers are positioned to benefit from rising consumer delinquencies due to higher outstanding consumer debt levels, which should...

19 Oct 2022

China’s distressed debt managers face rising liquidity risks and dwindling funding options as the authorities turn to them to rescue beleaguered property...

18 Oct 2022

Effective today, the World Bank has placed all International Bank for Reconstruction and Development (IBRD) loans to, or guaranteed by, the Republic of Belarus...

18 Oct 2022

London has just hosted the Global NPL Conference, a key event in the international real estate sector organized by SmithNovak and attended by more than 450...

17 Oct 2022

It has been a year of growth for Cherry Bank in the NPL sector, one of the Institute’s key businesses. The Bank, as of 30 September 2022, acquired impaired...

17 Oct 2022

Both candidates in Brazil's presidential runoff election this month have offered relief for unpaid debts weighing on family finances and hurting economic...

14 Oct 2022

In this new episode of news & updates from the NPL market, Claudio Capo talks about: - The incoming NPL wave affecting all Europe - New deals in Italy and...

14 Oct 2022

doValue has announced that, following the formal creation of their Legal Services business unit in Spain, it has entered into an important contract with Sareb...

13 Oct 2022

Six of the biggest banks in the US - JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, Wells Fargo and Morgan Stanley - plan to set aside about $4.5...

13 Oct 2022

Greek bank figures released by the European Banking Authority (EBA) confirmed warnings by Greek banks and other European regulators such as the SSM and the...

12 Oct 2022

Piraeus Bank SA (“Piraeus”) and Resolute Asset Management Group (“Resolute”) have reached an agreement for Resolute to provide Piraeus with real estate...

12 Oct 2022

AstroBank announced on Wednesday the acquisition of QQuant Master Servicer Cyprus Limited, an independent servicer of non-performing loans. The two parties...

12 Oct 2022

According to rumors spread to Milano Finanza, the American fund Davidson Kemper Capital Management has put the Prelios group, one of the main Italian NPL and...

11 Oct 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its twentieth non-performing loan sale transaction. The deal, announced on September 8, 2022, included...

11 Oct 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its twentieth non-performing loan sale transaction. The deal, announced on September 8, 2022, included...

10 Oct 2022

The Sunrise III project of Piraeus Bank seems to be stuck. While the Megalous administration expected to close the transaction by the end of September, the...

9 Oct 2022

The State Bank of India (SBI) has lined up number of non-performing assets up for sale this month and the next to recover over ₹746 crore. Accounts of Sintex...

7 Oct 2022

Residential mortgage non-performing loans (NPLs) in Spain and Portugal will increase from their low levels as interest rates rise, but very long seasoning will...

7 Oct 2022

The aggregate non-performing loans (NPL) ratio including cash balances at central banks and other demand deposits decreased further to 1.85% ...

6 Oct 2022

Finanza.tech SpA Società Benefit - a fintech company listed on Euronext Growth Milan - announced its partnership with Zolva SpA, a new European player that has...

6 Oct 2022

Gardant, Italy's leading market operator in the credit management sector, born last year from the spin-off of the Credito Fondiario group, has entered into a...

6 Oct 2022

At the "Global NPL" international summit held in London, information was provided on the development of the stressed asset market in Kazakhstan, "Хабар 24"...

4 Oct 2022

In today’s turbulent economic times, people from all walks of life are finding themselves in debt. Such a situation calls for IT systems capable of handling...

4 Oct 2022

The EBN Group has set up the first failed debt securitization fund without collateral, whose securities are marketed in Spain in a five-year bond format, as...

4 Oct 2022

Axactor, a multinational group specialized both in the management of loans on behalf of third parties and in the purchase of NPL portfolios, with operating...

4 Oct 2022

Integrated System Credit Consulting Fintech SpA (ISCC Fintech) company active in Italy in the sector of the purchase of so-called portfolios. granular...

30 Sep 2022

Banco BPI revealed this Thursday that it sold a portfolio of non- performing loans worth a total of 140 million euros to funds managed by LX Investment Partners...

29 Sep 2022

Yapı Kredi sold its non-performing loans amounting to TL 564.8 million to asset management companies for TL 113 million. According to the statement made by...

27 Sep 2022

Kruk accelerates in Spain and invests 90 million in the purchase of delinquent debt. The Polish recovery firm has acquired four portfolios so far this year

27 Sep 2022

Los fondos de deuda extranjeros e inversores internacionales distressed (vehículos especializados en compra de deuda con mayor riesgo de ser fallida) sondean a...

27 Sep 2022

BCMGlobal has been appointed as Primary and Special Servicer on ‘Project Sycamore’, a mixed loan portfolio of residential mortgages, buy-to-let mortgages,...

26 Sep 2022

Cerberus strongly reactivates the sale of Haya Real Estate. The US fund is surveying the market to find a buyer for its real estate services company for large...

23 Sep 2022

Debitos, the leading loan transaction platform in Europe, has integrated an additional business intelligence tool which provides a pan-European database of loan...

23 Sep 2022

According to the Market Watch Npl, in the three-year period of 2022-2024, 82 billion euros of new flows of impaired credit are expected with an increase of 10...

21 Sep 2022

The International Finance Corporation (IFC), a member of the World Bank Group and the world's largest development institution focused on the private sector in...

21 Sep 2022

A new regional platform will help financial institutions resolve their non-performing loans (NPLs) in Bosnia and Herzegovina, Croatia, Romania, and Serbia,...

20 Sep 2022

A leading, must-attend networking event attracting large numbers of key Originators, Funds, Servicers and Advisors operating in the booming global market.

20 Sep 2022

According to Alexandros Efstratoglou, Business Development Director at Relational, technological advancement has always been “one of the strongest...

19 Sep 2022

Spanish banks are shielding themselves from a potential increase in non-performing loans by accelerating the divestment of problematic real estate loans, known...

19 Sep 2022

Financial contagion has spread so far across China’s property industry that even state-backed developers are at risk of surging defaults, according to...

19 Sep 2022

The offshore bondholder group aims to offer up to $2 billion to buy some non-performing loans from Kaisa’s lenders, tied to unfinished housing projects, at a...

16 Sep 2022

Luzzatti, a consortium company controlled by 19 local people's banks, has started the operational phase of structuring a new multi-originator securitization of...

16 Sep 2022

UniCredit announced that through the Group bank, Zagrebačka banka, it has entered into an agreement for the sale of a portfolio consisting of residential...

16 Sep 2022

Arrangements expected to exceed 4 billion euros this year will be made by the management companies of the loans that have been securitized and transferred to...

16 Sep 2022

Because of rising interest and rising monthly housing payments, the risk of rising bad debt is growing and, therefore, banks are accelerating the sale of...

15 Sep 2022

The investment company EOS Spain has bought a debt portfolio from CaixaBank whose total amount amounts to more than 753 million euros and is made up of more...

15 Sep 2022

Yes Bank expects to emerge with a near-clean balance sheet by the end of the third quarter after selling bad loans worth ₹48,000 crore, an official at the...

15 Sep 2022

The investment company EOS Spain has bought a debt portfolio from CaixaBank whose total amount amounts to more than 753 million euros and is made up of more...

15 Sep 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its twenty-seventh reperforming loan sale transaction. The deal, announced on August 11, 2022, included...

14 Sep 2022

China will conduct a pilot program to support regional small and medium-sized banks to accelerate the disposal of nonperforming loans in six provinces, further...

13 Sep 2022

In preparation for SmithNovak's upcoming Global NPL Conference, Manuel Enrich, Chief Investor Relations Officer at Ahora Asset Management and Gunther...

13 Sep 2022

Due to the high cost of living and high inflation figures, many citizens are turning to banks to borrow money. Along with borrowing, non-performing loans are...

13 Sep 2022

Illimity SGR S.p.A., the Illimity Group's asset management company, created to set up and manage alternative investment funds, has completed the first closing...

12 Sep 2022

Banca Ifis closed the first half of 2022 with over 1.4 billion euros of non-performing loans purchased, thus confirming its role as market leader in the small...

9 Sep 2022

Asset Reconstruction Company (India) Ltd (Arcil) & Cerberus Capital, which was planning to challenge JC Flower’s Rs 11,183-crore bid for YES Bank...

9 Sep 2022

Freddie Mac (OTCQB: FMCC) announced today the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022—a securitization of ...

8 Sep 2022

Some of China’s top lenders saw non-performing loans climb faster than loss allowances in the first half of the year – a potential sign of trouble as the...

8 Sep 2022

Fannie Mae ( OTCQB: FNMA) today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained...

7 Sep 2022

Following an extended period of low interest rates, rising valuations and easy access to borrowing, many companies have amassed big piles of debt. The massive...

6 Sep 2022

Reserve your place for this webinar featuring leading Banks, Investors and Advisors responsible for the sale of loans in the European market.

6 Sep 2022

2021 will end with approximately €88 billion NPEs on the balance sheets of Italian banks and for the first time the UTPs will exceed NPLs. If the total NPE...

5 Sep 2022

Global levels of distressed debt already rival those seen during the GFC. Could we be on the cusp of a career-defining cycle for distressed debt investors? For...

5 Sep 2022

Amco, the Treasury company specializing in the management and disposal of impaired loans, has announced the appointment of Nicola Carnevale as a top manager...

4 Sep 2022

In 2021, Greek banks took the lead in offloading bad loans with securitizations, as pointed out in a special analysis by the international law firm White &...

3 Sep 2022

Capital requirements are increasing to cover the loss of Attica Bank shareholders, that will be caused by the securitization of the third portfolio of bad loans...

2 Sep 2022

The ratio of NPLs, especially those related to real estate, has increased among A-share listed banks, financial results showed. On the whole, the proportion of...

2 Sep 2022

In the first six months of 2022, non-performing loan transactions for €18.5 billion were completed, with €16 billion sold on the primary market and €2.5...

1 Sep 2022

Intrum, a leading multinational credit and asset management company, has acquired a debt portfolio worth 200 million euros from Caja Rural de Aragón. This...

1 Sep 2022

In preparation for a potential increase in non-performing loans (NPLs) as COVID-19 support measures are phased out, European governments and the European...

31 Aug 2022

Debitos, the leading secondary debt market in Europe, has expanded its footprint in Italy with a new branch in Milan, the first outside the company’s...

30 Aug 2022

Five of China's largest banks showed wounds from the ongoing property sector crisis, with bad debts linked to real estate surging in the first half of the year,...

30 Aug 2022

According to information, the management company DoValue is going to proceed with two more sales of portfolios of non-performing loans, totaling 3 billion...

29 Aug 2022

The four largest banks in the country are among the ten entities with the most non-performing loans in Europe. BBVA, which ranks third on a list made up of 33...

29 Aug 2022

China has reached a point of no return in its battle to contain what could be the biggest property crash the world has ever seen, experts believe, creating a...

29 Aug 2022

Agricultural Bank of China Ltd (AgBank), the country's third-largest commercial lender by assets, said on Monday that the value of its property bad loans rose...

29 Aug 2022

Portuguese banks took advantage of the month of August to negotiate €1.622bn with bad debt and real estate portfolios. The news is advanced by ECO, which...

27 Aug 2022

China’s bad-debt managers, pegged just six months ago as potential white knights to the crumbling real estate sector, have turned out to be part of the...

27 Aug 2022

Attica Bank has only a few days to submit its capital restructuring plan to the Bank of Greece, which would include the third, and largest, securitization of...

26 Aug 2022

EOS and Intrum will reportedly buy the unsecured loan portfolios doValue has put up for sale as part of the Frontier and Cairo I and II securitizations project....

26 Aug 2022

The European Commission gave a green light on Friday to Italy's plan to transfer certain state-guaranteed loans from banks to a new platform managed by...

26 Aug 2022

Debt collection agencies will start selling back to the banks portfolios of distressed loans that have been put back on a payment schedule. The first such...

25 Aug 2022

Cypriot lender Bank of Cyprus sold 147 million euro ($146.2 million) in Romanian non-performing loans (NPLs) to a unit of APS Group, deal advisors Reff and...

25 Aug 2022

Investments in tokenized Brazilian distressed credits, is the innovative proposal also dedicated to private investors, structured by the newborn Goyield fintech...

22 Aug 2022

Alpha Bank is in negotiations to sell two portfolios, one of performing loans (project Ermis) and one of leasing contracts (project Leasing). Project Ermis is...

21 Aug 2022

The Board of Directors of Intrum has come to an agreement with Anders Engdahl, who will step down from his position as President and CEO of Intrum and leave the...

19 Aug 2022

Private equity firm Lone Star said on Friday its cash proposal to buy Bank of Cyprus Holdings PLC was rejected by the lender’s board. Shares in the...

19 Aug 2022

State Bank of India (SBI) has sold the non-performing loan account of KSK Mahanadi Power Company to Aditya Birla ARC for Rs 1,622 crore, accepting a haircut of...

18 Aug 2022

A portfolio of reclaimed properties, worth €100 m will hit the market in September. Project Rafale is part of NBG’s plan to reduce its balance sheet from...

17 Aug 2022

In more than 100 cities across China, hundreds of thousands of Chinese homeowners are banding together and refusing to repay loans on unfinished properties. ANZ...

16 Aug 2022

The work of AMCO, the former Sga specialized in the management and recovery of impaired loans, continues unabated. It is news in recent days that the company...

16 Aug 2022

Caixabank signs the transfer of a package of unpaid mortgages amounting to 750 million euros to the Cerberus investment fund. The entity chaired by José...

16 Aug 2022

Sabadell is activating its second sale of a portfolio of toxic assets this year. The bank is negotiating with KKR and four other funds to get rid of a package...

16 Aug 2022

Usually we send out our Nordic Market Overview twice a year. But with the rapid movement in our business right now and the different effects on the macro...

14 Aug 2022

The IFC report, ‘Non-Performing Loan Market Assessment in Pakistan’ made available on Saturday says the stock of NPLs in Pakistan stood at Rs828 billion at...

12 Aug 2022

At least two binding offers were submitted to Piraeus Bank (and UBS as the consultant) for the portfolio of recovered and owner-occupied properties, which the...

12 Aug 2022

There has been a reversal in the process of selling the “Harvey” bad debt portfolio. The Resolution Fund (FdR), which had already pre-approved the operation...

11 Aug 2022

Debitos, the leading secondary market for loans in Europe for banks and investors, offers creditors of Greensill Bank insolvency the opportunity to sell their...

11 Aug 2022

Cepal Hellas and Resolute Asset Management Group announce the conclusion of a strategic agreement for the merger of their activities in the Greek real estate...

11 Aug 2022

Fitch Ratings-Hong Kong/Beijing-11 August 2022: Chinese non-performing loan (NPL) securitisations’ performance is likely to deteriorate in the near term if...

10 Aug 2022

[Article in Turkish] Gelecek Varlık, the leading institution of the asset management sector, increased its collection by 59.1% in the first half of the year...

10 Aug 2022

The non-performing assets (NPAs) in the micro, small and medium enterprise (MSME) sector have jumped 12.59 per cent in the fourth quarter of the financial year...

9 Aug 2022

Sareb launches the Gas Project. The entity controlled by the State has put real estate loans valued at 1,3 bn euros on the market and has given until September...

9 Aug 2022

(From NPL Markets) EBA has launched a public consultation on the draft Implementing Technical Standards (ITS) regarding the data templates for non-performing...

9 Aug 2022

After suffering a record quarterly loss, SoftBank is mulling the sale of a significant player in U.S. real estate. Masayoshi Son’s firm has started...

8 Aug 2022

2022 was supposed to be the year of post-COVID normalization and acceleration of economic growth. Following Russia’s invasion of Ukraine and the effects of...

8 Aug 2022

To prevent property market risks spilling over further into other sectors of the economy, China’s state-backed bad-debt managers are cranking up their efforts...

8 Aug 2022

State-controlled banks since FY2014-15 have recovered Rs 6. 42 lakh crore of bad loans and written-off loans since FY15 and filed suits against 98. 5 per cent...

5 Aug 2022

AMCO spa, a company specializing in the management of impaired loans in which the Ministry of Economy and Finance is invested, has signed a binding agreement...

5 Aug 2022

The board of directors of BPER Banca spa, which met on 4 August 2022, granted Gardant, primary servicer of impaired loans in the Italian market, the exclusive...

5 Aug 2022

Banca Monte dei Paschi di Siena sold 917.5 million euros worth of non-performing loans in three different transactions involving Illimity Bank, Intrum Holding...

5 Aug 2022

The latest update of Scope’s Non-Performing Loan ABS Rating Methodology includes clarifications and minor editorial changes.

4 Aug 2022

Caja Rural de Aragón and EOS Spain have agreed on the transfer of a portfolio whose debt amounts to a total of 30 million euros and is made up of 177 doubtful...

4 Aug 2022

Italy's biggest bad loan manager, doValue, has secured a higher ceiling for non-performing loans it manages on behalf of UniCredit, under a new contract it is...

3 Aug 2022

Bank of Ireland said it expects to have completed the €9bn acquisition of the mortgage loan books from rival KBC Bank by the end of next March. KBC is one of...

3 Aug 2022

Over a third of the most debt-distressed countries also number among those most indebted to Chinese lenders.

3 Aug 2022

Alternative asset manager Balbec Capital Management has secured over $1.5 billion in commitments for its fifth and largest flagship fund, which it will deploy...

3 Aug 2022

It is not yet the tsunami that many expected, but the situation of "problematic " loans in Europe is starting to make itself felt as regards to the so-called...

2 Aug 2022

The transaction involved an initial portfolio of mortgage loans classified as non-performing for a value of approximately 7 million euros. The vehicle company...

1 Aug 2022

Global law firm White & Case LLP has advised Goldman Sachs Bank Europe and the other senior lenders on the restructuring and €150 million increase of the...

1 Aug 2022

Fannie Mae (FNMA/OTCQB) today announced the results of a recent reperforming loan sale. The sale of approximately 5,460 loans totaling $663.3 million in unpaid...

31 Jul 2022

The six Spanish listed banks (Santander, BBVA, CaixaBank, Sabadell, Bankinter and Unicaja Banco) improved their NPL ratio at an aggregate level by 25 basis...

29 Jul 2022

The construction group D'Andrea & D'Andrea, which has been part of the D'Andrea family for 50 years, passes under the control of SGT ACO Umbrella Italy Fund, an...

29 Jul 2022

C Partners will invest in Italian packaging and special paper producer Fedrigoni and have an even stake as Bain Capital while the eponymous family and the...

29 Jul 2022

National Bank announced the agreement to sell a portfolio of non-performing loans with an accounting value of 1 billion euros to Bracebridge Capital. This is...

28 Jul 2022

Several US distressed debt asset managers are in fundraising talks with investors to boost their firepower, anticipating that a recession will create more...

28 Jul 2022

Intrum Italy, a credit service company and asset manager among the sector leaders in Italy, a joint venture between Intrum Group and Intesa Sanpaolo, has...

28 Jul 2022

AMCO closed the first half of 2022 with 32.6 billion euros of non-performing loans under management, of which 42% UTP and the rest NPL. The figure on assets...

28 Jul 2022

Taxpayers have been left to foot a £421m bill to cover soured Covid debts, after one in 12 businesses defaulted on state-backed emergency loans distributed at...

28 Jul 2022

(A&M) has established a Valuation and Business Modelling practice in Spain, led by newly appointed Managing Director Manuel Cortés. Mr.Cortés’ hire marks...

27 Jul 2022

UniCredit communicated with the publication of the quarterly report referring to the second quarter of 2022 a further reduction of exposures linked to Russia,...

27 Jul 2022

State-run Union Bank of India is looking at a massive push to clean up stressed assets through a bad loan management system that has drawn interest from rival...

27 Jul 2022

Kutxabank is finalizing an agreement with the German groups Deutsche Bank and EOS for the transfer of a portfolio of between 240 million euros in unpaid...

27 Jul 2022

The Bank of Nova Scotia Bhd (Scotiabank) has sold RM40 million of its non-performing retail loans (NPLs) to an external party, sources say, in what is...

27 Jul 2022

Chinese bank depositors, who are protesting against their inability to get their frozen funds back, are now boycotting the mortgages payment, which in turn is...

27 Jul 2022

Banks are now navigating a complex array of drivers as they look at their loan exposure. As well as inflation, the threat of recession and the impact of high...

26 Jul 2022

Asset Reconstruction Company of India (Arcil) and private equity firm Cerberus in partnership with a Domestic bad loan firm are understood to have submitted two...

26 Jul 2022

Spanish banks are already preparing to face a barrage of business defaults next fall, an increase in delinquencies that will be led by the hotel industry once...

26 Jul 2022

China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest of up to 300 billion yuan ($44 billion)...

25 Jul 2022

Delinquent ICOs have quadrupled in just one year . In March 2021, some 1,100 million euros had passed to phase 3 and twelve months later, this figure has risen...

25 Jul 2022

Portfolio sales (e.g., Santander's disposal of €600 million of SME NPLs to Tilden Park and €495 million of unsecured NPLs to Axactor) and Sophisticated...

25 Jul 2022

Integrated System Credit Consulting Fintech SpA announces that, today, the purchase contract for a portfolio of unsecured individual NPL loans attributable to...

25 Jul 2022

With no more postponement possible, companies must now start repaying state-guaranteed loans (PGE) contracted during the health crisis, and if most manage to...

24 Jul 2022

The Bank of Spain insists on calling for caution and warns that the volume of doubtful loans or those under special surveillance continues to rise, although the...

22 Jul 2022

On 15 May 2022, the European Banking Authority (EBA) launched a Consultation Paper (PDF 663 KB) on the draft Implementing Technical Standards (ITS) for...

22 Jul 2022

Alpha Bank entered a binding agreement with Hoist Finance for the sale of a Portfolio of Non-Performing and Unsecured Loans. The price of Project Light was set...

22 Jul 2022

Italian NPL collections rose 27% month-on-month in May, although average volumes in the first half were 12% lower than they were pre-Covid. In May, five...

21 Jul 2022

Banco BPM has completed the sale of the 700 million euro UTP and NPL portfolio (Argo project), announced last May. The transaction, structured as a...

21 Jul 2022

The EBRD-Dimand-Premia scheme is reportedly the preferred investor for the Skyline project which includes a package of 575 properties belonging to Alpha Bank as...

21 Jul 2022

The board of directors of PQH and the Bank of Greece ruled that the tender for the sale of the portfolio of non-performing loans with a gross book value of 5.2...

21 Jul 2022

MyCredit, a company specializing in the investment and enhancement of secured NPL and UTP assets and portfolios, founded and led by CEO Mirko Tramontano, has...

20 Jul 2022

Banco BPM has completed the sale of a portfolio of positions classified as "unlikely to pay" or "bad loans" deriving from loan agreements, together with the...

20 Jul 2022

The Banca Finint group has finalized the acquisition of Finint Revalue , a company specialized in credit asset management, which in this way formally enters the...

19 Jul 2022

Credit and Finance for MSMEs: Non-performing assets (NPAs) for credit disbursed by banks and other lending institutions under the Pradhan Mantri Mudra Yojana...

19 Jul 2022

Officine CST, a company chaired by Roberto Nicastro, specialized in the management of both performing and non-performing loans to the Public Administration and...

16 Jul 2022

The former chairman of Sareb, Jaime Echegoyen, and Codere's independent director, Aidan de Brunner, have joined the board of directors of Haya Real Estate's...

16 Jul 2022

Yes Bank has finalised a deal to transfer stressed assets worth up to Rs 48,000 crore to JC Flowers Asset Reconstruction (ARC), the lender said on Friday.

15 Jul 2022

China’s banks have detailed 2.11 billion yuan ($312 million) of loans at risk to the increasing number of homebuyers refusing to pay mortgages on unfinished...

15 Jul 2022

The Ariadne project, the largest portfolio of bad loans that has been put up for sale in Greece to date (book value 5.2 bn EUR), today receives binding offers....

15 Jul 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its twenty-sixth reperforming loan sale transaction. The deal, announced on June 9, 2022, included the...

14 Jul 2022

The mortgage bad-loan ratios for banks could rise three- to five-fold as a result of homebuyers stopping mortgage payments, analysts estimate, adding that the...

14 Jul 2022

NPL portfolios securitised under the Hercules scheme are being prepared for sale by the funds, as soaring inflation makes it difficult to meet initial...

14 Jul 2022

Cerved Credit Management, part of ION Investments, aims to carry on acquisitions in Italy and abroad and to invest in NPEs portfolios, ceo Paolo Pellegrini said...

14 Jul 2022

Moody's Investors Service, ("Moody's") has downgraded the ratings of Class A and Class B notes in Brisca Securitisation S.r.l. The downgrade reflects lower than...

13 Jul 2022

Real estate investors expect this year’s tougher economic headwinds to result in more distressed asset sales, more expensive debt and capital shifting to...

12 Jul 2022

Last month, SmithNovak's Non-Performing Loans (NPL) Italy event in Milan, returned for the first time since the pandemic, and there was a lot to discuss. The...

12 Jul 2022

Acting as sole arranger and financial advisor on all three deals, Alantra, a leading global investment bank and asset management firm, is pleased to announce...

12 Jul 2022

New m & a campaign in Italy and abroad and possible investments in loan portfolios. It is the new Cerved Credit Management course after the acquisition of the...

12 Jul 2022

The Royal Decree Law prepared by the Government to regulate the authorization regime for foreign investors is also open to the real estate sector. The text,...

11 Jul 2022

By Paola Stringa and Giuliano Castagneto. In the first six months of 2022, there was a boom in real estate investments in Italy, which almost doubled (+ 84%)...

11 Jul 2022

Sabadell speeds up the cleaning of problematic assets on its balance sheet. The Catalan bank has activated the sale of the 'Cora Project', a portfolio of...

11 Jul 2022

Aviva Investors has entered into a ten-year strategic agreement with HSBC and Mount Street Group to service its Real Assets business, which holds $50 billion in...

11 Jul 2022

Two major transactions are expected to close in the coming days. The first is Alpha Bank's Project Skyline with 573 properties, and the second is PQH's mega NPL...

11 Jul 2022

Banks may have problems cleaning their balance sheets of toxic assets before the foreseeable rise in delinquencies. The entities have about 10,000 million euros...

10 Jul 2022

After Hercules state securitisations scheme will complete its cycle next October, the banks will rely on synthetic securitizations. In any case, the goal...

10 Jul 2022

The NPE tracker aims to monitor key developments in European credit and NPE markets during the current downturn and beyond. The tracker draws on data from...

8 Jul 2022

After the post-Covid recovery, with the inflationary flare amplified by the war in Ukraine, the health of the Italian entrepreneurial fabric has returned to...

8 Jul 2022

THE amount of bad loans in the Philippine banking sector decreased to P429.48 billion at the end of May, data released by the Bangko Sentral ng Pilipinas...

8 Jul 2022

”In Europe there are large volumes of non-performing portfolios to be sold. Not all players have equal access to capital, which has created an imbalance in...

8 Jul 2022

Aleph Capital Partners LLP (“Aleph”) and the J. Safra Group are pleased to announce that they have entered into a strategic partnership to create a leading...

7 Jul 2022

Indian Overseas Bank is seeking buyers for its distressed loan portfolio that includes advances to Aban Holdings, Rotomac Global, Essar Group companies and...

5 Jul 2022

It manages a portfolio of 5,000 million euros between land, real estate and loans, and wants to revolutionize the sector through technology. A new real...

4 Jul 2022

The Greek state’s Hercules asset protection mechanism, launched in December 2019, is in the final stages with the new securitization of € 4.5 billion of...

4 Jul 2022

AMCO has signed an agreement for the purchase of approximately 1.4 billion euros gross of non-performing leasing loans and another for the purchase of a 120...

4 Jul 2022

Unicredit has concluded an agreement with a securitization vehicle managed by illimity spa, a banking group founded by Corrado Passera for the sale without...

4 Jul 2022

The “bad bank” that holds the assets of failed Portuguese bank Banif said on Monday it had fully paid a 746 million euro ($780.02 million) bond it issued in...

1 Jul 2022

Italy's state-owned bad loan specialist AMCO said on Friday it had signed an agreement with lender Intesa Sanpaolo to purchase a portfolio of non-performing...

30 Jun 2022

Rev is the company, wholly owned by the National Resolution Fund set up at Bankitalia, born in 2015 to find a placement for the loans of the four central...

30 Jun 2022

The imminent approval of the draft bill amending the Insolvency Act will bring about a complete overhaul of the Spanish insolvency system, particularly with...

30 Jun 2022

The Non-Performing Exposure (NPE) Italian market remains the largest and the most active in Europe*, generating interesting investment opportunities for...

29 Jun 2022

Collectius, a leading restructuring partner for financial institutions in Asia, acquired its first portfolios in Vietnam since entering the market at the end of...

29 Jun 2022

The agreement with Prelios, a leading market operator, has as its main objective the maximization of performing returns and the consequent positive impact on...

29 Jun 2022

The General Shareholders' Meeting of the Management Company for Assets Proceeding from Bank Restructuring (Sareb) today approved the addition to the Board of...

27 Jun 2022

Raiffeisen Bank International AG (RBI) has securitized a loan portfolio worth € 1.8 billion. The portfolio consists of corporate loans mainly in Germany,...

27 Jun 2022

Alantra, the global investment banking and asset management specialist, has advised UniCredit, a leading Italian bank, on the sale of around €200Mn NPL...

26 Jun 2022

The gloomy real estate outlook that has been crystallising over the past few weeks in Germany may find itself playing into the hands of Nexum Capital and Arcida...

23 Jun 2022

European NPL volumes continued to decline in 2021, as unprecedented fiscal and monetary interventions gave many organisations room to breathe that otherwise...

22 Jun 2022

BCC Banca Iccrea (parent company of the BCC Iccrea Group) has concluded its sixth securitization of non-performing loans (NPLs) backed by a GACS guarantee,...

21 Jun 2022

AIB Group said Tuesday that it has agreed to sell a loan portfolio to Everyday Finance DAC for around 0.4 billion euros ($420.4 million). The Irish bank said...

21 Jun 2022

Findings revealed that the aggregate NPLs of nine banks increased to N814.08 billion in 2021, representing 3.16 per cent increase from the N789.1 billion...

21 Jun 2022

Companies in Germany, the UK, France, Spain and Italy are the most distressed since August 2020, according to the Weil European Distress Index. The study...

20 Jun 2022

Alpha Bank is expected to announce the preferred bidder and co-investor in the Group's real estate project named "Project Skyline" which will strengthen the...

20 Jun 2022

Several servicers would have been interested in an operation, which at the moment seems complicated given Haya's difficult economic situation.

17 Jun 2022

Delinquency broke a new record in the country: in April, 66,132,670 Brazilians had their names in the red, the highest number in the Serasa Experian historical...

16 Jun 2022

Arrow Global has acquired through its two subsidiaries Sagitta SGR and Europa Investimenti a portfolio consisting of four disputes related to receivables...

14 Jun 2022

Italian lenders have managed to kick their bad loan habit. Soured credits collectively stand at 17 billion euros after provisions, accounting for less than 1%...

14 Jun 2022

The private equity group's reported interest in HSBC Holdings PLC's French retail banking arm could be a precursor to more deals involving buyout firms in the...

14 Jun 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its nineteenth non-performing loan sale transaction. The deal, announced on May 12, 2022, included the...

13 Jun 2022

It is premature to abolish an effective tool like the Hercules asset protection scheme, which expires in October 2022, given the challenges posed to Greek...

13 Jun 2022

The Reserve Bank of India (RBI) has raised concerns over the lack of clarity on the regulatory oversight of an asset management company (AMC) that was proposed...

11 Jun 2022

The first multi-origination without recourse sale of single name secured impaired loans was completed as expected at the end of December. This was announced...

10 Jun 2022

APS has acquired a portfolio of Romania-related Non-Performing Loans (NPLs), and repossessed properties with total contractual value of €147 million from Bank...

9 Jun 2022

Italy will let a state guarantee scheme used by banks to offload billions of euros of bad loans expire in June while it finalises a stricter version to put to...

9 Jun 2022

Markets and investors in Europe are anticipating a new surge of NPLs given a confluence of headwinds, including financial losses from the pandemic; the end of...

8 Jun 2022

JLL's latest European NPL Market Update Q4 2021 report draws on the most recent data from the European Banking Authority (EBA) and inputs from our local real...

7 Jun 2022

Bain Capital will step up its hunt for Australian credit, distressed debt and structure equity investments after raising the biggest special situations fund in...

7 Jun 2022

Haya Real Estate launches a division specializing in debt management for small and medium-sized companies (SMEs) in view of the foreseeable increase in...

6 Jun 2022

US distressed loans investment groups Cerberus and CarVal have joined forces with debt-collection firm Cabot to bid for a mixed portfolio of AIB non-performing...

6 Jun 2022

A string of investors, including Oaktree Capital Management and JP Morgan, have been marketing so-called special-situations funds, which seek to capitalize on...

6 Jun 2022

Boards of asset reconstruction firm and India Debt Resolution Company in place; due diligence of accounts underway The National Asset Reconstruction Company...

6 Jun 2022

Jones Day has provided assistance as drafting counsel in a securitization transaction of credits deriving from personal loans backed by the salary-backed salary...

6 Jun 2022

US distressed loans investment groups Cerberus and CarVal have joined forces with debt-collection firm Cabot to bid for a mixed portfolio of AIB non-performing...

3 Jun 2022

About 20% of the non-performing assets (NPAs) of banks that were to be transferred to National Asset Reconstruction Co. Ltd (NARCL) in two tranches has been...

2 Jun 2022

Yes Bank is reportedly likely to shortlist JC Flowers Asset Reconstruction Company (ARC) as its joint venture partner to offload nearly Rs 50,000 crore of bad...

1 Jun 2022

PQH, which has undertaken the liquidation of all the liquidated banks of the country, is gradually proceeding with the sales of the bad loans of the Cooperative...

31 May 2022

Hoist Finance has entered into an agreement to acquire a UK portfolio of non-performing loans, comprising of unsecured consumer loans. The total outstanding...

31 May 2022

Non-performing loans at the end of February 2022 fell to 11.3 per cent of total loans, according to data released by the Central Bank on Monday. This represents...

31 May 2022

Meanwhile, the Capital Adequacy Ratio, which evaluates a bank’s balance sheet soundness, moderately increased to 14.6% in April 2022 from 14.5% in December...

31 May 2022

Oaktree Capital Management co-founder Howard Marks anticipates more opportunities for the firm's mainstay business of investing heavily in discounted distressed...

30 May 2022

According to Idealista/News, the new subsidiary of the financial entity will be assigned the management of a portfolio spun off from Aliseda. This means that...

29 May 2022

Italy is considering tightening a state guarantee scheme designed to help banks shed bad debts while weighing its extension to cushion the hit from the Ukraine...

27 May 2022

Italy's Unipol is considering the sale of non-performing loans with an overall nominal value of 2.6 billion euros ($2.80 billion), newspaper Milano Finanza said...

27 May 2022

doValue announced the signing of a MoU with an affiliate of Cerberus Capital Management for the exclusive management of a portfolio of NPLs originated in Cyprus...

25 May 2022

The Spanish market is the second European country by volume, only behind France, which has 110,900 million euros. The non-performing loans of the Spanish...

24 May 2022

Servihabitat is preparing for a new scenario in the market for doubtful loans. In recent months, some voices within the sector have warned that ICO loans and...

23 May 2022

With the pandemic tailing off in 2022, it has been speculated that 2022 would be a year of recovery. In light of record oil and gas prices, is recovery still a...

23 May 2022

Freddie Mac (OTCQB: FMCC) announced today the pricing of the first Seasoned Loans Structured Transaction Trust (SLST) offering of 2022 -- a securitization of...

20 May 2022

Elliott-backed Italian bad loan specialist Gardant has teamed up with state-owned rival AMCO in the race to secure the bad loan business put up for sale by...

20 May 2022

The ipo of Generalfinance spa, the intermediary specialized in factoring, especially for companies in financial tension, engaged in turnaround plans and...

18 May 2022

Participants throughout the European NPL community gathered last week in London for the NPL Europe 2022 conference, hosted by SmithNovak. The two-day event was...

17 May 2022

The European Banking Authority (EBA) is consulting, until August 31, 2022, on the draft implementing technical standards specifying requirements for the...

16 May 2022

The EBA is proposing information standardisation to increase efficiencies of the secondary markets for sales of non-performing loans and reduce entry barriers...

16 May 2022

The European Banking Authority (EBA) launched today a public consultation on the draft Implementing Technical Standards (ITS) specifying the requirements for...

13 May 2022

The European NPL industry is ready for a massive wave of non-performing commercial real estate and residential loans. Servicers are in place, AI valuation...

10 May 2022

"The possible sale of the non-performing loan portfolio management platform is a hypothesis under study that we are evaluating". The CEO of BPER, Piero Luigi...

10 May 2022

The underlying portfolio comprises over 356,000 UK re-performing receivables, totalling £315.4m in gross book value (“GBV”) and £180m in expected...

10 May 2022

At the end of 2021, Portugal had €7.7 billion in non-performing loans in the banking sector, equivalent to 3.5% of the total amount of credit granted. This...

10 May 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its twenty-fifth reperforming loan sale transaction. The deal, announced on April 7, 2022, included the...

9 May 2022

illimity Bank has securitized a gross € 475 million NPL portfolio, consisting of loans originating from financial intermediaries acquired by illimity between...

8 May 2022

This week I was lucky enough to attend the SmithNovak NPL Europe conference in London. It was an interesting day of discussion through the debt purchase and...

29 Apr 2022

Axactor Italy, the Italian branch of the Axactor Group listed in Oslo and specialized both in the servicing of impaired loans for third parties and in the...

29 Apr 2022

The meeting of OFFICINE CST, a company chaired by Roberto Nicastro and specialized in the management of both performing and impaired loans to the Public...

22 Apr 2022

The Düsseldorf financial newspaper Handelsblatt hosts an article entitled “The old risk is coming back: Greek banks are threatened with new non-performing...

21 Apr 2022

The Spanish bank finalizes the largest sale of mortgages in the last three years, valued at 700 million and which will be articulated through a securitization...

20 Apr 2022

More than 400 delegates now confirmed to attend the 12th edition of this biggest European NPL summit

20 Apr 2022

As part of the process of divesting a stock of NPE (non-performing exposures or impaired credits), some banks belonging to the Cassa Centrale Group - Credito...

20 Apr 2022

Collextion Group, the main Italian player with decades of experience in the world of loans to the public administration, based in Rome and founded by Antonio...

18 Apr 2022

DoValue is preparing to promote the sale of receivables from unsecured loans, aiming at securing liquidity, on behalf of special purpose vehicles, with which it...

14 Apr 2022

Nonperforming loans in the Cypriot credit system have now dropped to 2.3 billion euros, following the transaction between Hellenic Bank and Pimco for the sale...

14 Apr 2022

Recently, the European Parliament and Council adopted Directive (EU) no. 2021/2167 on credit servicers and credit purchasers relating to transfer and servicing...

13 Apr 2022

Hoist Finance has entered into an agreement with Lowell to divest its UK credit management subsidiary including unsecured NPL portfolios. The enterprise value...

12 Apr 2022

Sareb has closed a new contract. The bad bank has signed agreements with Hipoges and Anticipa/Aliseda for the management of its assets worth almost 25.3 billion...

11 Apr 2022

ANOTHER asset management company (AMC) has been given regulatory approval to buy banks’ bad assets amid the pandemic. Based on the latest directory of the...

11 Apr 2022

Hellenic Bank on Monday announced that it has entered into an agreement for both the sale of a non-performing exposures portfolio, as well as the bank’s...

11 Apr 2022

It was a record quarter for the real estate market in Italy. According to what emerges from the analysis of Cbre (among the world leaders in real estate...

10 Apr 2022

In Greece as of 2022 the funds are the main accelerators for more than 70% of the auctions that take place through the e-auction platform, while 40% -50% of the...

8 Apr 2022

The central bank's Director General for Supervision Mercedes Olano said on Thursday that she expected an increase in bad loans but that should be manageable as...

8 Apr 2022

Inflation and nine other sources of internal risks are threatening the Greek economy, Bank of Greece Governor Yannis Stournaras told the central bank’s...

8 Apr 2022

Non-performing loans to European banks dropped further in the fourth quarter of 2021, according to data released today by the European Central Bank. In...

8 Apr 2022

Already in 2021 it had emerged that the secondary market for Non-Performing Exposure (NPE) was becoming stronger. And now there are those who estimate a volume...

7 Apr 2022

Speaking at the annual general meeting of the bank’s shareholders the Governor of the BoG noted that in the current environment of changing financial...

7 Apr 2022

The European Bank for Reconstruction and Development (EBRD) made a record profit of €2.5bn in 2021 but warned that this year’s results would take a...

7 Apr 2022

Freddie Mac (OTCQB: FMCC) announced today the pricing of the first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022—a securitization of ...

6 Apr 2022

Axactor Italy, the Italian branch of the Axactor Group listed in Oslo and specialized both in the servicing of impaired loans on behalf of third parties and in...

6 Apr 2022

Foreign investors are interested in taking on some of Turkey's $47 billion in problem loans and are in talks with asset management companies and banks, said the...

6 Apr 2022

The Bank for Agriculture and Agricultural Cooperatives (BAAC) saw a surge in non-performing loans (NPLs) to almost 7% in its last accounting year as a result of...

6 Apr 2022

The measures introduced by the European Central Bank, to promote liquidity during the worst moments of the Covid-19 health crisis, are going to result in a wave...

5 Apr 2022

Intrum Italy, 51% controlled by the homonymous group based in Stockholm, main European servicer of npl, and for the restange 49% by Intesa Sanpaolo, has entered...

5 Apr 2022

Credit servicer doValue Greece, a subsidiary of Italy's biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a...

5 Apr 2022

Spain's state rescue fund FROB has increased its stake in the country's "bad bank" Sareb to more than 50%, in line with a European Union order to count its...

5 Apr 2022

The NPAs will decline to 1.7-1.8 per cent by end of the current financial year (FY23) as against an estimate of 2 per cent by March 2022. However, the rating...

5 Apr 2022

The acquisition of Iolcus Investments was announced by Piraeus Bank, in an effort to further strengthen its presence in the field of asset management. Iolcus...

5 Apr 2022

Komplett Bank (the "Bank") has entered into an agreement with Intrum Capital AS to sell the remaining portfolio of Norwegian non-performing consumer loans, ...

4 Apr 2022

Concerns of a rise in bad loans have been proven to be overblown as large companies are better placed and banks are increasingly using analytics to prevent...

4 Apr 2022

The banks are prepared so that from this April defaults begin to grow. Estimates suggest that the delinquency rate will rise to around 7%, although everything...

2 Apr 2022

NPLs, as defined by the European Banking Authority, fell to €3 billion in December 2021, marking a reduction of €1.24 billion compared to the previous...

2 Apr 2022

Retail bad loans of banks are likely to rise as some restructured loans may again turn into non-performing assets, said R.K. Bansal, MD and CEO, Edelweiss Asset...

2 Apr 2022

The mission welcomed the rapid clean-up of the balance sheets of major banks, but challenges remain. The authorities should closely monitor risks stemming from...

31 Mar 2022

Kryalos sgr, the real estate fund and asset management company of the Kryalos group founded by Paolo Bottelli, closed 2021 with a portfolio under management of...

31 Mar 2022

The non-performing loan (NPL) ratio has continued its downward trend of recent years to fall below 4%, thanks to a decrease in doubtful loans, according to the...

31 Mar 2022

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced a further expansion of its franchise, via the...

30 Mar 2022

With the Portuguese Real Estate Market being one of the hottest in Europe, interest from the international investing community is at an all-time high. Miguel...

30 Mar 2022

The European Central Bank has told banks to cut lending to the most indebted borrowers, which could poke a hole in their balance sheets if the economy turns...

29 Mar 2022

SOREC srl, an independent servicer operating in the out-of-court and judicial management of problem loans, has acquired on the secondary market a portfolio of...

28 Mar 2022

In recent days, illimity Bank finalized the purchase and refinancing of the € 1.8 billion gross portfolio of disputes relating to public procurement claims...

28 Mar 2022

The Company for the Management of the Assets Proceeding from Bank Restructuring (Sareb) closed 2021 with revenues of 2.2 billion euros, up by 54% compared to...

25 Mar 2022

Hoist Finance has closed the acquisition of the Greek portfolio of non-performing loans from Alpha Bank, previously announced on 28 December 2021. The portfolio...

24 Mar 2022

Alpha Bank announced the sale to Hoist Finance of a Portfolio of Non-Performing and Unsecured Retail Banking Loans, a total outstanding balance of 2.1 bn EUR...

23 Mar 2022

Private debt and direct lending funds in Italy in 2021 had a total investment of € 2.214 billion, up to a total of 2020 (€ 1.153 billion), spread over 275...

23 Mar 2022

Non-performing assets (NPA) or bad loans of banks have come down to their lowest levels, Reserve Bank of India (RBI) governor Shaktikanta Das said at a...

22 Mar 2022

Monte dei Paschi di Siena must submit an updated capital plan to the European Central Bank by the end of March, the state-owned Italian lender said in its 2021...

22 Mar 2022

As the moratorium period was lifted, non-performing assets across Gujarat banks went up 45% in a year in the December 2021 quarter. According to the latest SLBC...

21 Mar 2022

Hipoges, a reference servicer in the Asset Management sector, today launched its new service for the sale of real estate assets for professional investors, with...

21 Mar 2022

Medius AI, a collection intelligence platform, is pioneering digital debt management and NPA (non-performing assets) resolution for banks in India. Launched in...

18 Mar 2022

The transition to a net-zero carbon emission target could have implications for incomes of industries that indirectly use fossil fuels, and consequently their...

16 Mar 2022

The huge strides made by HAPs and GACs mean they can largely be credited with establishing the infrastructure and solid foundations for the market to flourish....

15 Mar 2022

Arthur Cox is pleased to have advised KBC Bank Ireland Limited on the sale of its €1.1 billion portfolio of non-performing mortgage loans to CarVal.

14 Mar 2022

Aliseda and Anticipa are diversifying. The Swedish company Intrum has entrusted the servicers owned by Blackstone with the management of the Cierzo portfolio,...

13 Mar 2022

The completion of Project Sky, the largest sale of an NPE portfolio ever by a Greek bank, and the second largest transaction in Cyprus, was announced by the...

11 Mar 2022

Private lender ICICI Bank announced that it has signed an agreement for investment in National Asset Reconstruction Company Limited (NARCL) to acquire 5 per...

10 Mar 2022

The call from investors for lenders and borrowers to embrace environment, social, and governance (ESG) is too loud to ignore. Our Finance and Financial...

10 Mar 2022

The last two years have undoubtedly had a major impact on the tourism and the hospitality sectors, but they have nevertheless maintained their strength faced...

9 Mar 2022

illimity, the high tech banking group headed by Corrado Passera, has announced the launch of b-ilty, the first digital business store of financial services and...

9 Mar 2022

AMCO closed 2021 with 33 billion euros of impaired loans under management, of which 13 billion UTPs, relating to 45 thousand Italian companies. This was...

9 Mar 2022

Last December Amco signed the debt restructuring agreement of Edilmarina srl, the company that owns the Argentario Golf Resort & spa. The debt in question...

9 Mar 2022

At the end of December 2021, the multi-originator securitization operation assisted by GACS "POP NPLS 2021" was completed, promoted by Luigi Luzzatti SCpA - a...

9 Mar 2022

Punishing Western sanctions on Moscow in the aftermath of its invasion of Ukraine have prompted some distressed debt buyers to approach banks holding Russian...

9 Mar 2022

The creation of Ardian Real Estate Debt strengthens Ardian's expertise in real estate businesses and consolidates its leadership in this market in Europe. ...

8 Mar 2022

So far at least three schemes have been identified, preparing to set-up investment funds. The new funds will be active in the secondary market, buying NPEs from...

8 Mar 2022

Banks are perplexed over Korea's financial regulators' instruction to set aside more bad debt reserves, as the request is feared to weaken investor sentiment,...

8 Mar 2022

Fannie Mae (FNMA/OTCQB) today announced the results of its twenty-fourth reperforming loan sale transaction. The deal, which was announced on February 8, 2022,...

7 Mar 2022

The real estate group listed on Euronext Milan Borgosesia and Consultinvest, an active asset manager with around 4 billion euros in assets under management,...

7 Mar 2022

The nominal value of this NPLs package, i.e. the requirements with the interest, add up to some €13.9 billion. The main reason that competition is so fierce...

7 Mar 2022

The Central Bank of Nigeria (CBN) has stated that for the first time in about a decade, the non-performing loans (NPLs) levels of commercial banks in Nigeria...

6 Mar 2022

Intrum, a firm specialized in credit and real estate asset management services, has announced the incorporation of Santiago Casado as the new director of...

6 Mar 2022

Bank of Italy opens the tender for the sale of Rev, the credit management platform created in 2015, following the crash of the four banks in Central Italy that...

6 Mar 2022

The maxi-servicer controlled by the Treasury, specialized in the recovery of non-performing loans, is on track to buy the servicing of Rev, the credit...

4 Mar 2022

Sareb has filed a new lawsuit against its owner banks. Madrid’s Court nº33 has admitted the lawsuit filed by the bad bank against CaixaBank, BBVA, Unicaja...

3 Mar 2022

In 2021, the Banca Finint Group strengthened its leadership in the Italian securitization market, as evidenced by the 64 transactions in the 12 months (see the...

2 Mar 2022

Collectius, the leading restructuring partner for financial institutions in Asia, has acquired US$80 million (2.6 billion baht) worth of non-performing loans...

1 Mar 2022

Cherry Bank was christened the new bank born from the merger by incorporation of the servicer Cherry 106 spa into the Paduan bank Banco delle Tre Venezie (see...

1 Mar 2022

The claimants are the mega consortium Bain-Fortress-DK and partners and the Intrum-Cerberus group. The amount of bids, combined with whether sufficient...

28 Feb 2022

Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the...

28 Feb 2022

The big surprise is that while investors and credit ratings agencies have long feared that non-performing loans (NPLs) will spike across the board this year as...

26 Feb 2022

Italian lender BPER Banca SpA is open to additional acquisitions after agreeing to buy a regional rival earlier this month, Chief Executive Officer Piero Luigi...

25 Feb 2022

It leaves out its current 'servicers', Haya, Altamira and Solvia. Radical change of Sareb partners. The Management Company for Assets Proceeding from Bank...

25 Feb 2022

Categorised under alternative assets, such loans enable investors to obtain assets at a lower-than-market-value price while diversifying their portfolios amid...

25 Feb 2022

In 2021, NPLs for no more than 31 billion euros were sold on the Italian market, the lowest value since 2017. This was revealed by the Market Watch Npl 2022...

25 Feb 2022

Watson Farley & Williams (“WFW”) has advised portfoliomanagement (“pm”), the winding-up agency of the Free and Hanseatic City of Hamburg and the Federal...

25 Feb 2022

Despite a lack of trading, there are no shortage of NPLs in the region. GCC listed banks are sitting on around USD 50bn equivalent of NPLs, which represents on...

24 Feb 2022

Instabank has entered into an agreement to sell a significant part of the bank's non-performing loans (NPL) in Norway, representing a gross booked value of...

23 Feb 2022

Irish borrowers won’t get continental style cheap mortgages until the hangover of bad home loans from the crash has been worked through, new research from the...

23 Feb 2022

Fraud and error are likely to have cost the UK government as much as £16bn across the Covid-19 emergency loan schemes, according to parliament’s spending...

23 Feb 2022

- In 2021, non-performing loan transactions were carried out on the Italian market for a total of 33 billion euros. Of these, 3.7 billion euros were acquired by...

23 Feb 2022

Annual profits almost trebled at Britain’s Barclays Bank, boosted by economic recovery and the release of provisions for bad loans during the Covid pandemic.

23 Feb 2022

In this In Practice article the authors suggest practical steps for servicers to consider before acting as retainer of risk in traditional securitisations of...

22 Feb 2022

The state is setting up a credit rating register for individuals and corporations that will be similar to the “Teiresias” register of bad debtors operated...

22 Feb 2022

HSBC brought forward its key profitability target by a year and more than doubled its annual profit as expected bad loans from the Covid-19 pandemic failed to...

22 Feb 2022

The potential buyers are expected to submit their non-binding offers for the "Ariadne" portfolio, put up for sale by PQH, the single special liquidator,...

20 Feb 2022

Non-binding offers for a nonperforming loan (NPL) portfolio worth around 5 billion euros put on the block by Greece’s bad bank liquidator PQH are due this...

18 Feb 2022

China Orient Asset Management said on Friday it was approved to issue up to 10 billion yuan bonds in China's interbank bond market to resolve risks in the...

18 Feb 2022

Italy's biggest bad loan firm doValue is discussing a possible extension of its contract with UniCredit but in the meantime has made prudent estimates on future...

18 Feb 2022

NatWest Group Plc sees higher returns along with growing cost pressures in the coming years, after a quiet spell for bad loans helped the bank beat estimates in...

17 Feb 2022

NEXUM TOR Funds I provides national and international institutional investors with access to investments in the real estate distressed debt market and to...

17 Feb 2022

The first names of investors interested in taking over the subsidiary Unicredit Leasing from Unicredit are circulating, which today manages a loan portfolio of...

17 Feb 2022

Like many of Italy’s banks, Intesa Sanpaolo emerged from the eurozone crisis saddled with billions of euros in bad loans. In the third quarter of 2015, its...

15 Feb 2022

More specifically, within 2022 PQH will launch the Ariadne project, which amounts to €5 bn. This portfolio has been described as the "mother of the battles"...

15 Feb 2022

Italy plans to start talks with the European Commission to extend by up to 24 months a state guarantee scheme designed to help banks shed problem loans, two...

15 Feb 2022

Foreign funds, hotel operators and hoteliers operating in the Greek market have expressed strong interest in the package of 74 hotels offered by Intrum for...

15 Feb 2022

Alantra, the global investment banking and asset management specialist, is pleased to announce that it has advised Alpha Bank Group (“ the Group“) on the...

15 Feb 2022

Italy plans to start talks with the European Commission to extend by up to 24 months a state guarantee scheme designed to help banks shed problem loans, two...

15 Feb 2022

Italian lender BPER Banca SpA said late on Monday that it has agreed to buy a majority stake in Banca Carige SpA and that it will then launch a public offer of...

14 Feb 2022

Alpha Services and Holdings S.A. announces that it has entered into a binding agreement with Cerberus for the sale of a Cypriot portfolio of non-performing...

14 Feb 2022

The completion by October of securitizations according to Hercules second phase, along with the remaining NPL portfolio sales by the banks, requires solutions...

14 Feb 2022

BANK Negara Malaysia plans to do away with a requirement for buyers of non-performing loans (NPL) to be majority-owned by domestic shareholders, a move that...

12 Feb 2022

China's commercial banks saw their bad loan ratio decline 0.02 basis points to 1.73% at end-December versus three months earlier, the sector's regulator said on...

11 Feb 2022

Kryalos sgr together with EY launched Keystone, the new fund dedicated to UTPs. The vehicle started with credits for 127 million euros, originated and conferred...

11 Feb 2022

The share of non-performing loans in Ukrainian banks shrank by 11% in 2021, to 30%, the press service of the National Bank of Ukraine (NBU) has said. "The stock...

11 Feb 2022

Brazil's biggest private-sector lender Itau Unibanco Holding SA said 2022 is likely to be a year of lower loan book growth and higher loan-loss provisions, amid...

11 Feb 2022

In 2021 Banca Ifis saw an unprecedented performance of the Npl business. In fact, the accounts for the past year, presented yesterday show a 180.3% jump in the...

9 Feb 2022

Government Savings Bank (GSB) plans to restructure the debt of individuals and small and medium-sized enterprises (SMEs), totalling some 410,000 accounts and...

9 Feb 2022

Banks are expected to (re)purchase problematic mortgages, after they have been regulated or are being "treated" by servicers. These are mainly loans Forborne...

8 Feb 2022

Credit management group Intrum UK has signed an agreement to manage the collections and recoveries functions for Sainsbury’s Bank and Argos Financial...

8 Feb 2022

The servicer put up for sale loans of 291.4 m EUR with collateral in 75 hotel units. These are 4-star and 5-star medium and small-medium capacity hotels. Most...

8 Feb 2022

The Altamira servicer, owned by the doValue group (85%) and Banco Santander (15%), is adapting its business to face the storm that is about to break out in the...

7 Feb 2022

Banca Intesa Sanpaolo intends to launch a digital credit institution and become a “zero Npl” bank. This was announced last Friday by the credit institution...

7 Feb 2022

KBC Bank Ireland has finalised the sale of its roughly €1.1bn of non-performing Irish loans to a US-headquartered investment manager in a further step towards...

7 Feb 2022

Profit Farm, an innovative Italian lending crowdfunding platform born in mid-January 2021 and dedicated to loans to the Public Administration (PA), to loans to...

7 Feb 2022

The company will create a new company, called Ádsolum, which started with a portfolio of land under management worth 6,600 million euros, for comprehensive...

7 Feb 2022

The real estate servicer Altamira doValue, owned by the Italian group doValue, has presented a new Strategic Plan for the next 3 years (2022-2024), through...

7 Feb 2022

Banks made substantially higher provisions to cover potential defaults in loan books as the COVID-19 uncertainty mounted, which weighed heavily on bank...

4 Feb 2022

Credito Fondiario has changed its name and positioning: it has in fact become Banca CF +, and in its new role it proposes itself as a challenger bank for SMEs....

4 Feb 2022

AIB has named Hilary Gormley, who has been with the group for more than three decades, as the next managing director of its UK unit, which has undergone a major...

4 Feb 2022

Six companies / funds, which form four schemes, passed to the second phase of the tender process, which is "running" Alpha BankALFA -0.60%, to find a...

3 Feb 2022

Confidence in companies and funds is at an all-time high, according to PwC. Madrid and Barcelona, among the preferred cities in Europe

3 Feb 2022

Lower lending income and one-off charges were responsible for a loss of 18 million euros ($20.33 million) at Spanish lender Unicaja (UNI.MC) in the fourth...

3 Feb 2022

After hitting a minimum of 2.1% in 2021, the flow of new non-performing loans from businesses (credit deterioration rate) will increase by 3.8% this year. The...

2 Feb 2022

The servicer Haya Real Estate, owned by the US fund Cerberus, has appointed Javier Moreno corporate director of transformation and organization, as reported on...

2 Feb 2022

A new European Union directive on non-performing loans could provide useful standards for credit institutions holding large volumes of NPLs on their balance...

1 Feb 2022

The Fire group, the main independent Italian servicer of both impaired and performing loans, controlled by the Bommarito family, acquired a 4 million euro NPL...

1 Feb 2022

Cambodian lenders are bracing for the end of a deferment and restructuring program for loans that was introduced during the pandemic to avoid an economic...

1 Feb 2022

The Borgosesia Group, a real estate development company listed on Euronext Milan, yesterday attributed to Giada Merendino the responsibility of the business in...

1 Feb 2022

Cyprus remained the country with the highest stock of nonperforming loans (assets) of the general government in 2020, according to data released by Eurostat,...

1 Feb 2022

Around 700 million euros refer to impairments constituted by the bank. Major market players were not invited to participate in the process.

1 Feb 2022

Alantra, the global investment banking and asset management specialist, is pleased to announce that it has acted as sole financial advisor to UniCredit S.p.A....

1 Feb 2022

Pepper announced in February last year it was selling PES, which provides end-to-end loan servicing and asset management across residential and commercial...

1 Feb 2022

Securitisation provides a number of benefits for each party involved. As securitisation transactions are complex structured financing methods it is critical...

31 Jan 2022

Banco Santander puts 7,000 reperforming mortgages up for sale. According to El Confidencial, it is a securitization of 700 million euros of loans with some...

31 Jan 2022

The most common form of contingent liabilities in the EU Member States is government guarantees on liabilities, and occasionally, on assets of third parties. In...

30 Jan 2022

The Finance Ministry (MoF) stressed that the banks involved in the issue of unsecured debts by Genting Hong Kong Ltd – and the Malaysian banking sector as a...

29 Jan 2022

Overall, doValue estimates the amount of bad loans the pandemic will leave behind in the markets it operates will reach €197 bn , of which 7%, ie about 13.8...

28 Jan 2022

National Asset Reconstruction Company Ltd (NARCL), a government created entity to tackle bad loan problem in India, is set to receive bad loans totalling around...

28 Jan 2022

The Spanish Government advances in the process of nationalizing Sareb. Through the Bank Restructuring Fund (Frob), which already owns 45.9% of Sareb, it has...

28 Jan 2022

The Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for...

27 Jan 2022

Credito Fondiario has acquired 100% of Fivesixty srl, a company specializing in consulting to Italian companies on corporate finance, specializing in loans...

27 Jan 2022

Thai banks facing an uptick in Covid-19-fuelled bad loans got a reprieve with the central bank allowing them to form joint ventures with asset management...

27 Jan 2022

The Greek servicing market is dominated by four big players that control 80% of the market: doValue, Cepal (€29 bn, market share 22%), Intrum (€28 bn), and...

27 Jan 2022

La entidad catalana apuesta por el traspaso de entre 300 y 400 millones en préstamos empresariales —Proyecto Guggenheim— y Kutxa estudia vender hipotecas...

26 Jan 2022

illimity Bank ha acquisito un portafoglio di 1,8 miliardi di euro di contenziosi relativi a riserve di appalto su lavori pubblici (Public Procurement Claim o...

26 Jan 2022

Total non-performing loans (NPLs) in Cyprus banking sector decreased by €32 million at the end of October 2021, compared to the previous month, when total...

26 Jan 2022

Italy's biggest debt recovery firm doValue will aim to keep the amount of loans it manages stable at 160 billion euros ($180.5 billion) to the end of 2024,...

26 Jan 2022

Funds that have acquired the Greek bond portfolio are the main driver of real estate auctions to be taken over from banks, with more than 70% of assets being...

26 Jan 2022

Cerberus, the owner of Haya Real Estate, and the servicer’s creditor bondholders have reached an agreement regarding the debt, according to Cinco Días. ...

26 Jan 2022

On January 26, the board of directors of Officine CST, a company specializing in the management of both performing and impaired loans to the public...

25 Jan 2022

Quasi-banks’ bad loans rose by 6.9% year on year from the P13.562 billion seen as of September 2020. Their NPL ratio inched up from the 10.2% a year earlier,...

25 Jan 2022

Polish bank stocks are unlikely to reach new peaks in 2022 as the risks posed by inflation and mortgage exposures overshadow the benefits of rising interest...

24 Jan 2022

The Bolognese Credit Management Company Delta, a company chaired by Domenico Trombone and founded in 2011, an expression of the creditors who signed up to the...

24 Jan 2022

All four Greek systemic banks will have attained the goal for the reduction of their nonperforming loans below 10% by the end of this year: Eurobank already...

24 Jan 2022

Major contract will see Drydensfairfax, an Arrow Global Group business, servicing Bounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan...

24 Jan 2022

The Franco Barberis real estate group refinanced the debt with the intervention of Banca d’Alba and Illimity. The operation also provides for the disbursement...

24 Jan 2022

China’s efforts to spur asset sales by cash-strapped property developers are starting to gain momentum with a flurry of deals, potentially easing the...

24 Jan 2022

The progressive decline curve of net bank bad loans, in place since 2016, in the last quarter of 2021 has reversed the trend. The phenomenon of constant decline...

24 Jan 2022

The servicer Altamira doValue has appointed Pedro Valle-Domingues- and Marta Pérez Alcalde as members of the company's executive committee. In addition, it has...

23 Jan 2022

The Export-Import Bank of China (China EximBank), a state-owned policy bank, achieved stable lending expansion last year while keeping its bad loan ratio at a...

23 Jan 2022

Piraeus Bank has agreed with investment firm Varde Partners to buy its controlling stake in real estate investment company Trastor for about €98 million, the...

22 Jan 2022

The servicer sector in Spain is now at a key moment, since in the coming weeks the award of the largest portfolio currently on the market should be resolved:...

20 Jan 2022

The UTP credit portfolio transferred to Efesto Credit Fund, managed by Finint Investments sgr, reached a nominal amount of 710 million euros. Efesto is a...

20 Jan 2022

After the transaction with Unicredit, a synthetic securitization of 2 billion euros, the European Investment Bank closely grants an encore. Indeed, yesterday...

20 Jan 2022

In 2022, banks are preparing a sale of portfolios from the securitizations of NPLs that have been transferred to "Hercules", in order to cover the backlog of...

20 Jan 2022

Unicredit has put up Unicredit Leasing for sale, which today manages a loan portfolio of 10 billion, of which 7 relating to real estate and the rest of...

19 Jan 2022

Unicredit sold to Kruk Italia, the Italian branch of the Polish servicer of the same name, a portfolio of Npls to companies worth 222 million euros (see here...

19 Jan 2022

In collaboration with the EIB Group, which includes the European Investment Bank (EIB) and the European Investment Fund (EIF), UniCredit has finalized, with...

19 Jan 2022

Banco Santander prepares its new servicer. The entity chaired by Ana Botín has created the company Yera Servicer Company 2021 to manage its assets transferred...

19 Jan 2022

The Efesto Fund, a closed-end fund reserved for institutional investors for the management and enhancement of UTP (Unlikely to Pay) credits launched in October...

18 Jan 2022

Sareb will end up in public hands. The Council of Ministers begins this Tuesday the process of nationalizing the 'bad bank', eliminating the prohibition that...

18 Jan 2022

Italy remains one of the largest non-performing exposure (NPE) markets in Europe. Italian banks gradually reduced a stock which reached a peak in 2015 at €341...

18 Jan 2022

Mount Street Group (‘Mount Street’), the leading global third-party loan servicing and credit asset management firm, is pleased to announce that it has...

18 Jan 2022

The two firms — Anchorage Capital Group and Oaktree Capital Management — each lamented how years of economic expansion and easy money had kept corporate...

18 Jan 2022

The new servicer of the financial entity will be in charge of managing a portfolio with an estimated gross value at origin of 5,000 million euros. Santander...

18 Jan 2022

Since the outbreak of the COVID-19 pandemic and the subsequent surge in e-commerce in Western Europe, ‘Buy Now Pay Later’ (BNPL) as a short-term financing...

17 Jan 2022

The Exacta Group (formerly Team Group), specialized in credit management and participated by Eulero Capital spa since the end of 2020 (see another article by...

17 Jan 2022

Banks have broadened their channels for the disposal of bundles of non-performing personal loans following the official issuance by the China Banking and...

17 Jan 2022

A last-minute change in strategy, backstage bickering and a lack of direction. After being years in the making, India's plan to set up a bad bank has been...

17 Jan 2022

There was a view in the market about six months ago that Irish banks would be in a position to release in their 2021 accounts some of the bad loan provisions...

17 Jan 2022

European non-performing loan (NPL) activity returned to pre-pandemic levels in 2021, led by deleveraging in Greece, Italy and Spain. Data published by React...

17 Jan 2022

Italian NPL collections rose by 8% month-on-month in November, although they were still 27% below pre-Covid levels. Year-on-year, there was no major...

14 Jan 2022

Sareb has halted the sale of land, which it launched in the fourth quarter of last year. According to El Confidencial, the opportunistic funds showed little...

13 Jan 2022

The 6 m EUR investment was made through a share capital increase and the purchase of existing shares, and now the Fund holds a minority stake.

13 Jan 2022

The partnership between Luigi Luzzatti S.C.p.A. (“Luzzatti”) and the Prelios Group (“Prelios”) closed 2021 with the creation and the first investments...

13 Jan 2022

Guber Banca and the Devar Claims and Overlord SPV funds have closed the sale of an NPL portfolio, with a gross book value of more than 60 million. The buyer has...

13 Jan 2022

The European Banking Authority (EBA) published its quarterly Risk Dashboard together with the results of the autumn edition of the Risk Assessment Questionnaire...

12 Jan 2022

The real estate Servicer manages both assets of the financial entity led by Ana Botín, as well as Quasar, the company shared since 2018 by the US fund (51%)...

12 Jan 2022

doValue S.p.A. communicates the introduction of Waterwheel Capital Management to its portfolio of clients through the completion of the €3.2 billion Project...

11 Jan 2022

Elena Cannazza has been appointed partner of the Milan office of the iLS law firm, thus strengthening its structured finance and distressed asset practice and...

11 Jan 2022

Banca Mps has put up for sale a portfolio of properties located in Italy, worth approximately 200 million euros. The sale will be carried out through a tender,...

11 Jan 2022

Greek non-performing loans are evolving into a normal category of financial values, according to DBRS Morningstar. As people try to recover from the pandemic,...

11 Jan 2022

The first multi-origination without recourse sale of single name secured impaired loans was completed as expected at the end of December. This was announced...

11 Jan 2022

Best Capital Italy srl, the Italian subsidiary of the Polish group Best SA, specialised in investments and NPLs management, listed on the Warsaw Stock Exchange,...

10 Jan 2022

The decision of the Management Committee of the Interbank Deposit Protection Fund (Fitd) on preliminary and non-binding offers, which have arrived on the table...

10 Jan 2022

Banks in the European Union became more profitable in the third quarter of 2021, with government support during the pandemic helping to push down the number of...

9 Jan 2022

Nonperforming loans in Cyprus recorded a decrease of 722 million euros, or 14.4%, in end-September compared with end-June 2021, according to data released by...

7 Jan 2022

AMCO, Intesa Sanpaolo and Prelios sgr sold 50 million euros gross of impaired loans relating to loans granted to the companies that own two well-known four-star...

7 Jan 2022

On Tuesday 7 December, the European Central Bank (ECB) released their supervisory priorities for 2022 to 2024, which are based on a thorough assessment of the...

7 Jan 2022

A new contract has been awarded to one of the servicers. Haya Real Estate has secured a contract to manage two portfolios of REO assets proceeding from Cerberus...

7 Jan 2022

China will make it easier for state-backed property developers to buy up distressed assets of debt-laden private peers, a source with direct knowledge said on...

7 Jan 2022

In a bank-led economy, asset quality is always a cause of concern as it influences flow of fresh credit to productive sectors of the economy that is more...

7 Jan 2022

La okupacion es ya un fenómeno que, por desgracia, se está convirtiendo en un delito casi cotidiano en España. Las cifras hablan por sí solas, como ya...

6 Jan 2022

Fbs Next, the Npe servicer launched last year by Paolo Strocchi (with his sons Federico and Filippo) and participated by Tinexta, has launched Argo Utp...

6 Jan 2022

China banking institutions saw their combined bad-loan ratio stand at 1.89% at end of November, the sector's regulator said in Beijing on Thursday. The...

6 Jan 2022

Despite the negative impacts of the Covid-19 pandemic, the credit of the country economy in 2021 witnessed an increase of 13 percent compared to last year. The...

6 Jan 2022

Private sector lender HDFC Bank has sold ₹2,188 crore of distressed retail loans to asset reconstruction companies (ARCs) in the last three quarters with the...

6 Jan 2022

At the end of December, Banca Valsabbina sold a non-performing loan portfolio of 3 million euros gross to BPER Bank Luxembourg sa. Banca Valsabbina was...

5 Jan 2022

The illimity Credit & Corporate Turnaround fund dedicated to investments in UTP credits of SMEs with recovery prospects and managed by Illimity sgr, announced...

5 Jan 2022

Project Sky is a portfolio with a gross book value of about €2.2 bn, which includes mortgages (53%), large corporation loans (35%), loans to small and micro...

5 Jan 2022

New deal awarded to a servicer. Haya Real Estate has obtained a contract to manage two portfolios of REO’s assets from Cerberus and the Frob. In total,...

5 Jan 2022

Bernitsas law acted as Greek counsel to Piraeus Bank in connection with its first public NPE securitisation in the Greek market, with a gross book value of...

4 Jan 2022

The gross non–performing assets (GNPAs) of small finance banks (SFBs) is expected to go up by 70–80 basis points (bps) by the end of the current financial...

4 Jan 2022

Coordinated by Luigi Luzzatti S.C.p.A., the 12 transferring banks, mainly popular banks, sold to the securitization vehicle LUZZATTI POP NPLS 2021 S.R.L., a...

4 Jan 2022

Piraeus Bank, one of Greece’s four largest lenders, said on Tuesday it had reached a deal to sell a portfolio of non-performing shipping loans to an entity...

4 Jan 2022

According to the announcement "The deal was made after a competitive sale process, through the signing of a public deed of sale of a portfolio of non-performing...

3 Jan 2022

In the banking sector of Ukraine, the share of non-performing loans (NPL) as of December 1, 2021, decreased to 30.7% against 32.7% as of November 1.

3 Jan 2022

The bad bank, a crucial proposal unveiled in the last budget, is likely to be get delayed after the Reserve Bank of India (RBI) reportedly conveyed to lenders...

3 Jan 2022

With the signing of business agreements for loans of the Recovery and Resilience Fund "Greece 2.0" amounting to 970 million euros, between the Ministry of...

3 Jan 2022

With the sale of its c. €7.6 billion Irish loan book, NatWest continues to make encouraging progress on its exit from Ireland.

30 Dec 2021

From the perspective of professionals, it is easy to predict that new loans, activated to cover the losses occurred in the emergency phase and not to finance...

29 Dec 2021

Piraeus Bank transferred 44% of the mezzanine notes to Intrum and 7% to Serengeti Opportunities Partners. The securitised portfolio worth 2.7 bn EUR has been...

28 Dec 2021

The Securities Market Commission (CMVM) issued a statement yesterday confirming the sale of Project Harvey, a portfolio of non-performing loans, as well as the...

28 Dec 2021

On 23 December 2021, the multi-originator securitization called POP NPLs 2021, originating from 12 banks, mainly popular, was finalized. In particular, the...

28 Dec 2021

Alpha Bank, one of Greece's four biggest lenders, said it entered into a binding agreement with Hoist Finance AB to sell non-performing loans with a book value...

24 Dec 2021

The partner banks of Luigi Luzzatti The new securitization operation of NPL multioriginator promoted by Luigi Luzzatti spa, the company founded at the end of...

24 Dec 2021

BBVA’s Board of Directors has agreed to launch a voluntary takeover bid for the 50.15 percent stake it does not own in Garanti BBVA, with a price of 12.20...

23 Dec 2021

The four-star and five-star hospitality assets of Kypriotis Group, are located on the island of Kos. The group's loans were bought out by Pireaus Bank and Alpha...

22 Dec 2021

Back2Bonis, an investment fund in impaired credit, in particular UTPs linked to the Italian real estate sector, saw a further € 124 million in distressed...

22 Dec 2021

The tender for the sale of non-performing Cypriot loans by Alpha Bank with a gross book value of approximately €2.2 bn, enters its final stretch, as binding...

22 Dec 2021

Alkali Fund IV, managed by D.E. Shaw, an American hedge fund founded in 1988 by David E. Shaw and based in New York, to finance the development in Spain of the...

22 Dec 2021

DDM Holding AG (First North Growth Market: DDM) announces that it has acquired a NPL portfolio containing consumer receivables located in Poland. The gross...

21 Dec 2021

The Turkish lira has been in freefall ever since the Central Bank started a string of interest rate cuts earlier this year. It has lost more than 50 percent of...

21 Dec 2021

Banca Carige sold to Amco a portfolio of non-performing loans and UTPs deriving from leasing contracts without underlying or with underlying of a real estate or...

20 Dec 2021

Piraeus Bank has entered into a long-term partnership with affiliates of Blantyre Capital Limited for the management of non-core equity participations owned by...

20 Dec 2021

NBG announced the completion of the Frontier transaction, which involves the securitization of a portfolio of non-performing exposures with a total gross book...

20 Dec 2021

Eurobank Holdings announced the successful conclusion of the sale of a portion of mezzanine and junior securitization notes with €5.2 billion nominal value...

20 Dec 2021

The selection of the investor is at its final stage. Six investment funds have submitted a binding offer to buy the portfolio of performing loans amounting to...

20 Dec 2021

After months of preparations, the Government has already prepared a legal change that will allow the State to take control of Sareb, the bad bank created in...

20 Dec 2021

Centrale Credit Solutions (Ccs), a company of the Cassa Centrale group active in the structuring of multi-originator sale transactions, securitized...

18 Dec 2021

Spain has the third-highest level of NPLs in Europe, behind just France and Italy, according to the business consultancy Axis Corporate. Even though Spanish...

17 Dec 2021

The Reserve Bank of India (RBI) has turned down a plea by non-banking finance companies (NBFCs) for the easing of norms on income recognition, asset...

17 Dec 2021

Bulgarian banks will have to accumulate more capital in 2023 to counter a build-up of systemic risks linked to low interest rates that significantly boost...

17 Dec 2021

Alpha Bank announced the completion of the Cosmos Transaction, in accordance with the agreement with Davidson Kempner, for the sale of the Mezzanine and Junior...

16 Dec 2021

The desperate offshore bondholders of embattled Chinese developer Kaisa Group Holdings have offered to buy up to a US$1 billion worth of its onshore...

16 Dec 2021

Belvedere SPV S.r.l., a securitization vehicle owning a EUR 2,541m portfolio of Italian non-performing loans managed by Bayview Italia S.r.l. and Prelios Credit...

15 Dec 2021

The Board of Directors of the Central Bank of Egypt has issued a package of decisions aimed at supporting small and medium-sized enterprises with the aim of...

15 Dec 2021

Axis Bank does not see the need to extend timelines for meeting operational parameters for corporate loans restructured under the regulatory package to tackle...

15 Dec 2021

The regulatory push to create a special category of venture capital funds focusing on buying stressed loans from banks and financial institutions is gathering...

15 Dec 2021

Italy wants to extend a state guarantee scheme that is helping its banks shed problem loans beyond a mid-2022 deadline and plans to open talks with the European...

15 Dec 2021

Chinese banks could see their bad loan ratio of property loans more than double by the end of 2021 from the middle of the year, S&P Global Ratings said, as...

15 Dec 2021

With the Covid-19 pandemic raging on, the Bank of Ghana says banks in Ghana face heightened credit risk as depicted in rising non-performing loan ratios and...

15 Dec 2021

Alantra, the global investment banking and asset management specialist, is pleased to announce that it has advised Oxalis, a fund managed by one of the largest...

14 Dec 2021

Banks recorded N1.3 billion in non-performing loans in November, which is still above the industry benchmark, according to the Central Bank of Nigeria. Figures...

14 Dec 2021

Generalfinance, a financial intermediary specialized in factoring especially for companies in special situations, yesterday announced the launch of its first...

14 Dec 2021

Investors eager to maintain high levels of capital deployment have kept terms and pricing highly flexible for bond and loan issuers, but that does not mean easy...

13 Dec 2021

Banks have written off Rs 2,02,781 crore of bad loans in the fiscal ended March 2021 when the Covid-19 pandemic hit the country and the Reserve Bank of India...

13 Dec 2021

Hedge funds that profited from the debt restructuring of Kaisa Group Holdings in 2015 are back, circling the Shenzhen-based real estate developer that is once...

13 Dec 2021

Plymouth city centre’s ghost block of empty student flats is being sold to an unnamed buyer for £11m - but it will probably have to pay millions of pounds to...

13 Dec 2021

The Canadian Pension Plan (CPP) Investment Board has just reinforced its stake in EDP, where it already has a 5% position valued at over €900 million, but...

13 Dec 2021

House prices have been expected to drop for months, but there are still no signs of this happening, and the latest figures show that wages have failed to keep...

13 Dec 2021

The CEO of Intesa Sanpaolo, Carlo Messina, during a debate on the occasion of the 126th national council of the Fabi union, expressed his opinion on the bank's...

11 Dec 2021

The Refinancia firm achieved a foreign investment of $ 100,000 million for the purchase of non-performing Colombian and Peruvian portfolios. Through two...

10 Dec 2021

Unicaja bank has broken its contract with Haya Real Estate. According to El Confidencial, the Cerberus servicer will receive 20 million euros for disengaging...

10 Dec 2021

NPL transaction sale activity is increasing as cracks appear despite ongoing levels of extensive fiscal and monetary support. Our latest European NPL Market...

10 Dec 2021

Novo Banco has sold the Harvey non-performing loan portfolio with around two dozen large debtors to the Deva fund. The Harvey Project initially had a value of...

10 Dec 2021

Ratio between gross impaired exposures and total gross loans (gross NPE ratio) improving to approximately 3.5% and ratio between net impaired exposures and...

9 Dec 2021

Ulster Bank’s chief executive in the Republic, Jane Howard, said on Wednesday that the lender has “made a very deliberate decision” to delay a sale of its...

9 Dec 2021

Viaje de ida y vuelta en banca de inversión. Si hace unos años fueron los países mediterráneos —Italia, Grecia y Chipre, entre otros— los que copiaron a...

9 Dec 2021

The Central Bank of Nigeria (CBN) has stated that the construction sector’s loan default was to blame for the surge of non-performing loans. This is...

8 Dec 2021

The Reserve Bank of India has asked banks to stop inclduing writebacks from recoveries of written-off bad loans as part of their income. From the third...

8 Dec 2021

The stock of non-performing loans (NPLs) in Spain rose to 83.1 billion euros in the second quarter of this year, its highest level since 2019, according to data...

7 Dec 2021

The last months of the year are confirmed, once again, to be very active in terms of non-performing loan transactions. This time the news concerns an important...

7 Dec 2021

It is concerning that default loan recovery has failed to keep pace with rising delinquent assets in Bangladesh, affecting the banks' cash flow and income....

7 Dec 2021

Hong Kong-based WeLab has acquired a small Indonesian bank called Bank Jasa Jakarta to enter the country’s digital banking space. To pull off the deal, the...

7 Dec 2021

The South West could see a sharp rise in the number of businesses going bust because they are struggling to replay Covid loans, a leading insolvency...