30 October 2020EditorsComments Off on Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank
What the latest report says on the evolution of NPLs after the new wave of Covid 19. Banks will need to understand risks faced and promptly intervene to restructure borrower positions. Loan servicers will need more robust real estate servicing.
A few days before the SSM decides on what will happen with the lender’s Cocos, its management says that even if they are not converted into shares, the ongoing securitization projects will not be affected