TUESDAY, 11/02/2025 - Scope Ratings GmbH

Italian NPL collections: December volumes surge but still 23% below two-year average

Italian NPL collections surged by 81% month-on-month in December 2024 to EUR 339m, reaffirming the trend that this month typically sees the highest collections of the year. But even then, volumes were 23% lower than the 2022/2023 December average.

For the whole of 2024, collections were 24% lower than the average of the previous two years and were below the average in every month of the year, except January. August experienced the most significant dip at -43%.

Overall, more seasoned transactions saw a significant decline last year relative to 2023, with judicial proceeds and DPOs dropping by 18% and 38%, respectively. Less seasoned transactions were in line with 2023 judicial proceeds but DPOs fell short, at -29%.

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