Announcements

    Drinks

      Italian NPL collections: slump in DPOs and note sales drives August volumes to three-year low
      MONDAY, 02/10/2023 - Scope Ratings GmbH
      Download PDF

      Italian NPL collections: slump in DPOs and note sales drives August volumes to three-year low

      August 2023 collections fell to less than half of July volumes, confirming the seasonal effect of Italy’s nationwide holidays. But this year, August collections were also the lowest in three years.

      NPL collections of EUR 69m in August were the lowest since April 2020 and were 41% and 5% lower than those registered in August 2022 and 2021. While the level of judicial proceeds was similar to those seen in August of previous years, DPO proceeds and note sales were particularly low, driving down  overall collections.

      Total gross proceeds of pre-Covid originated transactions


      Source: Scope calculations on servicing reports

      Download the August Italian NPL monthly here.

      Make sure you stay up to date with Scope’s ratings and research by signing up to our newsletters across credit, ESG and funds. Click here to register.

      Related news

      Show all
      No rating impact on 2Worlds rated notes after special servicer replacement – Italian NPL

      11/7/2025 Monitoring note

      No rating impact on 2Worlds rated notes after special ...

      Scope has completed the periodic review of Series 2022-308 notes issued by SPIRE SA

      8/7/2025 Monitoring note

      Scope has completed the periodic review of Series 2022-308 ...

      Scope rates Polish auto lease notes issued by Vehis Auto Leasing 2025 DAC

      3/7/2025 Rating announcement

      Scope rates Polish auto lease notes issued by Vehis Auto ...

      Class A1 notes issued by Alba 13 SPV S.r.l. paid in full

      2/7/2025 Monitoring note

      Class A1 notes issued by Alba 13 SPV S.r.l. paid in full

      Scope rates (P) AAA(SF) Dutch auto lease notes to be issued by Bumper NL 2025-1 B.V.

      30/6/2025 Rating announcement

      Scope rates (P) AAA(SF) Dutch auto lease notes to be issued ...

      Scope rates Polish auto lease notes to be issued by Vehis Auto Leasing 2025 DAC

      27/6/2025 Rating announcement

      Scope rates Polish auto lease notes to be issued by Vehis ...