Filling the gap: Italy’s non-performing loans update

07 December 2016

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We are pleased to present Filling the gap: Italy’s non-performing loans update, published in association with Banca IFIS.
The report presents an overview of the Italian non-performing loans (NPL) market, potential solutions as well as comments from financial services experts who attended Banca IFIS’s “NPL meeting” in September 2016.
Key findings include:
  • Banca Popolare di Bari’s NPL securitisation, and Banca Monte dei Paschi di Siena and UniCredit’s ongoing transactions have shaken up the long dormant Italian NPL market.
  • Exclusive Debtwire data shows 23 closed deals in Italy in 2016 up to mid-November, involving NPLs for a gross book value of €19.7bn.
  • The report shows that, with a €64.6bn live deal pipeline, the Italian market is on track to exceed NPL sales of 2015 by a wide margin.