24 July, Azienda Banca
The NPEs volumes on the Italian market kept reducing until reaching 180 billion euro at the end of 2018. Band loans had gone from 200 to 97 billion between 2015 and 2018.
Banks aim at further reducing their NPE ratio by approximately 1.6%, with a focus on UTPs, resulting in an increase of the debt collection activity.
Meanwhile, the servicing market is getting stronger, with five main players registering 53% of the revenues for the sector.
Source: Azienda Banca
Translator: Cristina Ambrosi