Global Archives - NPL Confidential

EU finance ministers, are preparing an action plan to tackle NPLs

20 January 2021 Editors Comments Off

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.

DBRS expects a significant increase in NPLs in 2021

14 January 2021 Editors Comments Off

DBRS the Canadian agency warns that the burden of non-performing loans will weigh heavily on the financial institutions in 2021.…

Marathon Distressed Credit Fund attracted $2.5 billion

8 January 2021 Editors Comments Off

Marathon Asset Management, a worldwide credit investment manager, announced the final close for its Marathon Distressed Credit Fund, which was…

doValue new servicing agreement in Italy for EU 1.6bn

14 December 2020 Editors Comments Off

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.

Covid crisis to double NPLs in Spain to EU 160 bn

6 December 2020 Editors Comments Off

The economic crisis caused by Covid could double the current stock of bad loans in Spain to 160 billion euros,…

Santander and Blackstone put a large hotel debt portfolio up for sale

25 November 2020 Editors Comments Off

Santander and Blackstone will sell the first large hotel debt portfolio t amid the Covid crisis. The portfolio is constituted seven tourist…

Wave of non-performing loans is threat in Europe

15 November 2020 Editors Comments Off

A Reuters survey and analysis of the latest data available shows that loans totaling about €320 billion were still on a payment holiday at 10 of Europe’s biggest banks.

Cerberus Capital seeks $3 billion

11 November 2020 Editors Comments Off

Cerberus Capital Management LP is seeking $3 billion for its latest flagship fund, which will pursue investments ranging from private…

Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank

30 October 2020 Editors Comments Off

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.

Global

Half of Europe’s Small Businesses may not survive within a year

22 October 2020 Editors Comments Off

Half of Europe’s small businesses may not survive within a year.
What the McKinsey report says about the eurozone’s small businesses with 11% expected to file for bankruptcy within six months.