Italian NPL collections: July proceeds maintain trend of previous two years

MONDAY, 23/09/2024 - Scope Ratings GmbH

Italian NPL collections: July proceeds maintain trend of previous two years

July collections fell 24% month on month, broadly similar to the declines observed in the two previous years (30% in 2022, 32% in 2023). Volumes were also 24% below the average for the same month of the previous two years.

The decline in July 2024 was primarily driven by DPOs and note sales, which were 36% and 27% below average collections for July 2022 and 2023, respectively. Judicial proceeds were relatively stable and were just 5% below the average. This aligns with observations from previous reports.

Download the Italian NPL monthly here.

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

Scope has completed a monitoring review for Belvedere SPV S.r.l. - Italian NPL ABS

24/9/2024 Monitoring note

Scope has completed a monitoring review for Belvedere SPV ...

Scope downgrades Class A notes issued by Ortles 21 S.r.l. - Italian NPL ABS

19/9/2024 Rating announcement

Scope downgrades Class A notes issued by Ortles 21 S.r.l. - ...

Scope has completed a monitoring review for MOL PLC KMRP Organisation 2021-1 – Esoteric

17/9/2024 Monitoring note

Scope has completed a monitoring review for MOL PLC KMRP ...

Scope has completed a monitoring review for MOL PLC KMRP Organisation 2021-2 – Esoteric

17/9/2024 Monitoring note

Scope has completed a monitoring review for MOL PLC KMRP ...

Scope has completed a monitoring review for Titan SPV S.r.l. - Italian NPL ABS

11/9/2024 Monitoring note

Scope has completed a monitoring review for Titan SPV S.r.l. ...