If you cannot properly view this email click here

Newsletter n. 20

UTPs are the new frontier of problematic loans in Italy

The Italian market for Non Performing Exposures (NPE) over the year 2017 and the first months of 2018 met expectations in terms of vitality and fervor. According to a study by PWC, with regard to Bad Loans, volumes lie at €165 billion (GBV) and €64 billion (NBV) as at December 2017. Their massive reduction has been driven mainly by a few mega deals of loans derecognition. A trend that continued over the first quarter of 2018.

But the new frontier of the NPE in Italy is more and more that of the UTP, problematic loans, but not yet suffering. Utp exposures reached € 94 billion (GBV). They Were € 117 billion in 2016. Industrial initiatives and the sale of UTPs were limited in 2017. Italian banks will therefore have to structure the industrial management of UtP in the best possible way and implement effective disposal plans. The growing attention to the UTP segment entails the application of greater real estate know how to manage loans and enhance the underlying real estate assets.

On the market there is therefore a process of concentration and strengthening of “service providers” dedicated to the valorization of NPLs and problematic credits (the so-called servicers) thanks to the entry of international capital, which bring know-how and recognized management best practices to global level.

A more efficient market, with growing international operators and capital, can only encourage greater transparency and dynamism, favoring the possible absorption of products, not only on the already highly sought-after metropolitan contexts of Milan and Rome, but also in different and more peripheral markets.

The Apple store in Milan will open its doors on July 18th Events
The Apple store in Milan, should finally see the doors open to the public on July 18th, in Piazza Liberty, a few steps from...
Hotels for millennials: more Internet and low cost fares New trends
In the past few years large hotel groups are focusing on the Millennials, that is those born between 1980 and 2000. A rather varied...
The Usa’s fund Oaktree with Redbrick for a development in Milan Deals
The American Oaktree fund, with the support of the British company Sabal Financial, and with the Italian Redbrick Investment Group as an operating partner,...
Trieste municipality is auctioning Palazzo Carciotti Opportunities
The Municipality of Trieste has auctioned Palazzo Carciotti, an imposing building built at the end of the 18th century in the neoclassical style, located...
Nomisma: 5.7 million families intend to invest in their house Market studies
As it emerges from the Nomisma 2018 Survey for families, 5.7 million families express their intention to intervene on their homes to carry out...
Copyright© - ICE - Italian Trade Agency - Partita IVA: 12020391004, All rights reserved.

Our mailing address is:
Italian Trade Agency - Via Liszt, 21 - Roma, Rm 00144 - Italy
realestate@ice.it

Unsubscribe