Announcements

    Drinks

      Italian NPL collections: 71% up on the month but September volumes 40% below two-year average
      TUESDAY, 05/11/2024 - Scope Ratings GmbH
      Download PDF

      Italian NPL collections: 71% up on the month but September volumes 40% below two-year average

      Post-summer seasonal effects pushed September collections up 71% month-on-month, but volumes were 40% lower than the September 2022-2023 average.

      September recoveries are typically 62% higher than August’s, but relative to the September 2022-2023 average, they fell EUR 104m this year. The decline was seen across all recovery strategies. Judicial proceeds fell by 32% (by EUR 38m); DPOs fell 43% (EUR 23m) while note sales proceeds fell by EUR 21m, down 76%.

      This report shows the performance of a static universe of Italian NPL securitisations rated by Scope.

      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

      Show all
      Scope has completed a periodic review for Newfoundland CLO I Limited

      23/12/2024 Monitoring note

      Scope has completed a periodic review for Newfoundland CLO I ...

      Scope downgrades class A notes issued by Red Sea SPV S.r.l. - Italian NPL ABS

      23/12/2024 Rating announcement

      Scope downgrades class A notes issued by Red Sea SPV S.r.l. - ...

      No rating impact on the Class A-2 notes of Vantage Data Centers Jersey Borrower SPV Limited

      20/12/2024 Monitoring note

      No rating impact on the Class A-2 notes of Vantage Data ...

      Scope has completed the periodic review for Palatino SPV S.r.l. - Italian NPL ABS

      19/12/2024 Monitoring note

      Scope has completed the periodic review for Palatino SPV ...

      Scope upgrades Italian NPL ABS Class A notes issued by Olympia SPV S.r.l.

      19/12/2024 Rating announcement

      Scope upgrades Italian NPL ABS Class A notes issued by ...

      Scope has completed the periodic review of Organa SPV S.r.l. - Italian NPL ABS

      19/12/2024 Monitoring note

      Scope has completed the periodic review of Organa SPV S.r.l. ...