THURSDAY, 27/03/2025 - Scope Ratings GmbH

Italian NPL collections: lower February volumes a notable deviation from previous years

Italian NPL collections fell 11% month on month in February, a noticeable deviation from past years, where February collections have typically been aligned with or slightly above January’s.

Collections were just 58% of the average February proceeds of the past three years, and marked the lowest gross amount collected in the last six months.

All three collection strategies registered a noticeable drop. Judicial proceeds fell by a third, or EUR 31m, compared with the February average of the last three years. DPOs were 48% (EUR 19m) lower, while note sales almost fell to zero (-97%), or by EUR 6m.