12 May, Milano Finanza
The pandemic has inevitably impacted also the NPL market, where EY estimates that the NPL operations will amount around 39 billion euro in 2020, a value very close to the results reported in 2019.
In its latest report, EY focuses on the bank npe investors operating in Italy, such as Illimity, Banca Ifis, Credito Fondiario and Guber. Due to the coronavirus, their portfolios might register a loss in the net value comprised between 3% and 20%.
Source: Milano Finanza
Translator: Cristina Ambrosi