There needs to be a focus to reduce NPLs since they are always a subject of worry for banks.
The consequences of NPLs on lenders’ profitability is twofold:
– a net loss on loans not recovered, and
– an increase in costs as managing NPLs is extremely time consuming, due to paper-intensive workflow and an abundance of manual tasks
Our Loan Management System and Decision Engine, together with AroTRON, can support your efforts to reduce the net loss on loans not recovered, to improve the debt collection actions.
One of the top benefits brought to our clients is substantially decreased NPL management costs. Paperless workflows, minimised manual tasks and monitoring / reporting the costs are the feedback from our clients.
Contact us to discuss how we can assist your NPL management and reduce your worries.
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 […]
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 […]
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 […]