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(Visited 73 times, 1 visits today)

Credit Village: more NPLs, fewer collections and lower prices after the lockdown

24 April, Bebeez

According to the latest survey by Credit Village, Covid-19 will have a significant impact on NPLs, considered that banks wouldn’t be able to issue new credit to companies and households in the short term. As a result, impaired loans are expected to increase in the next 12 months, while credit collections are likely to decrease.

In real estate, open-market property prices will report a moderate decline, while times to liquidate real estate assets put as a guarantee will be longer. Finally, most of the people surveyed believe that Reoco activities will increase.

Source: Bebeez

Translator: Cristina Ambrosi

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