Creval eyes NPL reduction strategy

Credito Valtellinese (Creval) has announced a five-year business plan that aims to reduce its non-pe...

Company hires and sector developments

CMIP acquisition Investcorp Credit Management US has entered into a definitive interest purchase a...

STS requirements raise regulatory liability concerns

The securitisation market now appears to be embracing the new Securitisation Regulation and adapting...

NPL templates simplified

Debitos has further developed and simplified the EBA’s NPL templates without altering thei...

Distressed investors expect secondary market boost

Distressed investors are anticipated to become more aggressive in generating cash and overcome the s...

UniCredit expands NPL ABS programme

UniCredit has expanded its Sandokan non-performing loan ABS programme. While the transaction is bein...

Intrum acquires Piraeus platform

Intrum is set to purchase Piraeus Bank’s servicing platform, which will be hived-off into...

Public Greek NPL ABS debuts

DBRS has provided the first public rating for a non-performing loan securitisation in Greece as the...

Fire, StormHarbour JV granted license

Greek authorities have granted a license to EuPraxis, the joint venture between Italian servicer Fir...

Foundation laid for leasing NPL ABS

Amendments to Italy’s securitisation law are expected to boost securitisations of non-perf...

National Bank of Greece opts for NPL ABS

The National Bank of Greece intends to securitise €3bn of non-performing mortgage loans by...

Synthetic UTPs contemplated as IFRS 9 hedge

Synthetic securitisations referencing unlikely-to-pay loans are a more promising prospect than synth...

NPL securitisation disclosed

Hoist Finance has confirmed in its latest 2019 interim report that it will securitise part of its no...

A review of securitisation activity over the past seven days

Transaction of the week Last week saw an unusual Irish CMBS hit the European pipeline, from debut...

Portuguese issuer returns to market

Caixa Montepio Geral has returned to the market with its second NPL securitisation, dubbed Gaia Fina...

Hoist Finance purchases Getback portfolio

Hoist Finance has acquired a PLN400m non-performing loan portfolio from Polish servicer Getback. Ove...