Hoist Finance purchases Getback portfolio

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

NPL event includes UTP workshop

The line-up for SCI’s 2nd Annual NPL Securitisation Seminar on 13 May has been finalised....

Cerberus completes first dedicated NPL fund

Cerberus has closed a US$5.1bn dedicated non-performing loan fund. Dubbed Global NPL Fund, it target...

ECJ ruling leaves Spanish NPL investors in the dark

The European Court of Justice’s (ECJ) 26 March judgement on early-termination clauses in S...

Quarterly SCI data update

The first quarter of a year is usually quieter than the previous quarter and, for the most part, 1Q1...

NPL provisioning rules published

The European Council of Ministers has adopted new rules for the provisioning of non-performing loans...

UTP securitisation prospects improve, despite challenges

Future issuance of unlikely-to-pay (UTP) securitisations depends on the resolution of two challenges...

European Parliament postpones NPL trading vote

The European Parliament on Monday (1 April) postponed a vote on a non-performing loan secondary mark...

New Italian NPL scheme launched

The Italian government has introduced a successor to the GACS scheme. The replacement guarantee feat...

Indian distressed debt unit established

Deutsche Bank is setting up an asset reconstruction company (ARC) in India to buy and sell restructu...

Investor group completes NPL securitisation

A group of investors led by Värde, Guber and Barclays have acquired an approximately &e...

Debut Spanish NPL securitisations anticipated

The Spanish non-performing loan market is reaching maturation, with the first securitisations from t...

Semi-annual NPL securitisation update debuts

Moody’s has published the first in a series of semi-annual updates on European non-perform...

Greek NPL momentum continues

Of the investors surveyed in Ashurst’s latest global non-performing loan report, 39% state...

Intrum augments Greek presence

Intrum is planning a purchase of a Greek debt servicing platform, which will act as a springboard fo...

Distressed debt surge anticipated

Turkish asset manager Hayat Varlik Yonetim expects non-performing loan sales in the country to jump...