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.
Translator: Cristina Ambrosi