Elevated interest rates have led to an increase in European NPL volumes, but levels remain far below the peaks during the financial crisis period. NPL investors and servicers are rethinking their business models to adjust to...more
The ongoing decline in NPL volumes in 2022 and pivot towards smaller disposals leave European lenders well positioned to withstand adverse economic conditions.
Lenders are enjoying the fruits of their labours. Having...more
The Directive (EU) 2021/2167 sets out a harmonized regulatory framework for services in relation to non-performing loans and has to be implemented by Member States by 29 December 2023. In Germany, the draft bill of the Credit...more
8/4/2023
/ Banking Sector ,
Creditors ,
Debt Collection ,
Debt Collectors ,
EU ,
EU Directive ,
European Commission ,
Financial Institutions ,
Financial Services Industry ,
Germany ,
Loan Servicer ,
Member State ,
Regulatory Requirements
What does the future hold for NPLs? There's still plenty of business to be done, but buyers and sellers alike will need to change tack to get the most from the available opportunities....more
6/27/2022
/ Banking Sector ,
Buyers ,
Coronavirus/COVID-19 ,
Financial Institutions ,
France ,
Greece ,
Ireland ,
Italy ,
Loans ,
Non-Performing Loans (NPL) ,
Sellers ,
UK
Europe's banks continue to defy expectations—not a single country saw its banking sector’s NPL ratio increase in 2021, with the vast majority reporting an improvement....more
While the spike in bad debt and subsequent tsunami of NPL and non-core loan deals that was anticipated due to COVID-19 did not materialise, the increasingly volatile market trends may lead investors to discover new and...more
This alert provides an overview of COVID-19 governmental financial assistance measures available in some of the principal jurisdictions. Our team can cover advice on governmental financial assistance across the globe.
The...more
6/10/2020
/ Banking Sector ,
Competition ,
Coronavirus/COVID-19 ,
Economic Stimulus ,
Financial Assistance Policies ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
Lenders ,
Relief Measures ,
Reorganizations
Since the financial crisis of 2008, numerous emerging and developed countries experienced a substantial increase to their government gross debt-to-GDP ratio (sovereign debt). In addition, there were significant increases in...more
Refinements to the regulatory framework are needed before banks can make widespread use of securitization by European banks.
Volumes of non-performing loans (NPLs) European banks have halved since 2015, driven by an...more
NPLs are a hot topic, high on the European supervisory authorities' agenda. Legislative and prudential requirements to reduce NPLs are rapidly evolving. In March of 2018, the EC published a package of reforms aimed at...more
3/16/2019
/ Amended Regulation ,
Banking Sector ,
Capital Requirements Regulation (CRR) ,
Credit ,
Distressed Debt ,
EU ,
European Banking Authority (EBA) ,
European Council ,
European Supervisory Authorities (ESAs) ,
Financial Institutions ,
Greece ,
IFRS ,
Member State ,
Non-Performing Loans (NPL) ,
Proposed Amendments