Have you heard about the NPL tsunami? Different players in the NPL market have expressed their worries about rapidly worsening bank asset quality and an ensuing ‘NPL tsunami’ from the COVID pandemic.
Those challenges have not materialised so far and one reason for keeping them on hold is clearly the policy mix that governments have implemented.
However, when the pandemic in the form of Omicron is still with us, more policy actions in Europe are needed to avoid a new wave of NPLs.
Please, read here this excellent article by a team of LSE professionals arguing why those new policy actions are needed.
The Belgian niche bank CKV has selected AroTRON Debt Management platform to manage their loans portfolio and automate their debt collection, recovery and restructuring processes, in order to make its application landscape complete and future proof. The Company CKV is an unlisted, independent, stable, Belgian niche bank that has been active throughout Belgium since 1956 […]
On 24 November 2021, the European Parliament approved the final version of Directive 2021/2167 which addresses high levels of non-performing loans held by banks in the European Union (the NPL Directive). The Directive has been under discussion since 2018. The accelerated legislative process to approve the Directive last November could have been triggered by the […]
On November 3, Alexandros Efstratoglou MCICM shared his insights on the “NPL Technologies | Leveraging Tech Advancements as Value Drivers” panel. We would like to thank DDC Financial Group for organizing this event! And thanks to all the speakers for the quality of the talks. Watch the full video here:
