The proposals were discussed at the EU finance ministers’ video conference on Tuesday. Measures against bad loans as a result of the corona crisis are important for financial stability, said Finance Minister Olaf Scholz (SPD). He did not rule out a “significant increase” in NPLs.
doValue announced that it has reached an agreement with UniCredit Group which provides for the exclusive management by the doValue Group, of a non-performing leasing portfolio of approximately EUR 1.6 billion.
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.