NPL market post Covid pandemic: What to expect? What will be the consequences in short-terms?
Uncertainty about future recoveries, difficulty to estimate the NPL volume
News
Guber Banca revamps Midas Hotel in Rome
The real estate department of Guber banca has relaunches the Midas Hotel, via Raffaele Sardiello 22, in Rome; alongside the vehicle, Devar S.r.l. , with the investiment of 9 million euro.
Guber Banca securitises Cassa Centrale loans
After a year of credit management, Guber banca closed the securization (bought together with Varde Partners and Barclays Investment Bank from Cassa Centrale Group) selling the senior tranche of €150 million.
Ubi Banca sells 900 million NPLs
Unicredit and Ubi gave aways more Npl. The institution of Piazza Gae Aulenti, reached an agreements with Guber Banca. Barclays and Banca Ifis reached an agreements for non-recourse assignment of non-performing loans portfolio.
The portfolio includes only credits coming from leasing agreements regulated by italian law, within a value of about 154 million euro, updated to June 30
Unicredit transfers 154 million NPLs to Guber, Ifis and Barclays
Unicredit and Ubi gave aways more Npl. The insitution of Piazza Gae Aulenti, reached an agreements with Guber Banca. Barclays and Banca Ifis reached an agreements for non-recourse assignment of non-performing loans portfolio.
The portfolio includes only credits coming from leasing agreements regulated by italian law, within a value of about 154 million euro, updated to June 30. Guber Banca e Barclays Investiment Bank have purchased, through securization vehicles, a partial portfolio of 112 million euro.
Guber Banca– Acquires a 40 millions portfolio from Alba
Guber Banca e Alba Leasing, have finalized an agreement of Non-performing loans portfolio, with a gross book value of about 40 million euro (updated to June 30th 2019). In the porfolio are included 604 debtors.
Unicredit transfers 154 million NPLs to Guber
Unicredit gave away a non-performing loans portfolio to Guber Banca and Barclays Investiment Bank. The portfolio includes only credits coming from leasing agreements regulated by italian law, within a value of about 154 million euro, updated to June 30. The impact of this assignment will be seen in the fourth quarter of 2019.
“Approaching Leonardo” in Monza: the exhibition in the Chapel of Villa Reale
For the 500th anniversary of Leonardo’s death, Monza hosts an exhibition in Honor of the genius. The exhibition in the Capella della Villa Reale at the Reggia di Monza, which is part of an ambitious project entitled ‘Avvicinare Leonardo’, is promoted by the Consorzio Villa Reale e Parco di Monza, the Pro Monza, Arte&Cultura Villa Sormani association and Bellavite Mostre & Eventi, and sponsored by the Lombardy Region, the Municipality of Monza and also by the UNESCO Club of Monza. It also has important sponsorships, including Enerxenia, Generali and the main one, Guber Banca, one of the leading credit management operators in Italy.
Guber Banca and the first LeaseCo managing movable assets
Milano Finanza reports the purchase of a portfolio of non-performing loans and underlying assets, deriving from leasing contracts, from MPS for a total value of Euro 350 million. The operation involves approximately 4,500 assets, including capital goods, automotive and nautical goods. Milano Finanza reports the purchase of a portfolio of non-performing loans and underlying assets, deriving from leasing contracts, from MPS for a total value of Euro 350 million. The operation involves approximately 4,500 assets, including capital goods, automotive and nautical goods.