Non-performing loans

Grass, Plant, Car

Iccrea completes securitisation of €650m NPL portfolio

A total of 71 banks participated in the process
Furniture, Person, Human

Illimity securitises €475m NPL portfolio

Secured loans make up 48% of the gross book value
Office Building, Building, Downtown

Banco BPM sells €700m of distressed loans

Elliott is buying mezzanine and junior notes of the securitised portfolio
Furniture, Shelf, Bookcase

Q+A: Corrado Passera, the veteran Italian banker planning to digitalise the country’s real estate

The CEO of challenger bank Illimity talks to React News about its new online platform, and his plans for a real estate fund

Intesa Sanpaolo securitises €8.5bn of NPLs

The portfolio includes one-third of secured loans
Person, Human, Postal Office

Hellenic Bank confirms disposal of €1.32bn Cypriot NPLs to Pimco

The deal also involves the sale of its debt serving platform
Text, Symbol

DoValue wins €500m NPL mandate from Fortress

Dubbed Project Neptune, the portfolio is backed by real estate in Greece
City, Town, Urban

European NPLs reach record low but risks arise from Russian invasion of Ukraine

European banks have total exposures of €87bn to Russian and Ukrainian counterparties, EBA report show

Alpha Bank completes disposal of €1.3bn Greek NPL portfolio

Hoist Finance is the buyer of Project Orbit