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Italian NPL collections: two-year trend maintained
Italian NPL collections increased by 8% month-on-month to EUR 187m in November, continuing the trend observed over the past two years. However, volumes were 21% lower than the average for the same month in the 2022/2023 period.
The main culprit behind the decline in November collections relative to the previous two-year average was DPOs, which were 45% lower (down EUR 23m). Judicial collections also saw a decline of 7% (down EUR 8m). Note sales were steady, with just a 2% decrease (-EUR 104k).
Monthly gross proceeds (EUR m)
Source: Scope calculations on servicing reports