8/11/2023 Research EN
Italian NPL collections: volumes for first nine months of 2023 lag average of previous two years
Italian NPL collections doubled month-on-month in September to EUR 137m from EUR 69m. But they were 25% and 42% below September 2022 and 2021 volumes. Collections for the first nine months of 2023 are well below the two previous years for the same period.
6/11/2023 Research EN
Structured Finance Activity Report: ratings drift improves for first time in over a year
Scope’s 12-month trailing ratings drift improved in the third quarter for the first time in more than a year. The downward trend started in the fourth quarter of 2021 just as the economic environment started deteriorating.
3/11/2023 Research EN
Scope publishes new CRE Loan and CMBS Rating Methodology
Scope Ratings publishes its final rating methodology for CRE securities and CMBS following a call for comments. The proposed update clarifies and refines the analytical approach. The application of the methodology affects several outstanding ratings.
2/10/2023 Research EN
Italian NPL collections: slump in DPOs and note sales drives August volumes to three-year low
August 2023 collections fell to less than half of July volumes, confirming the seasonal effect of Italy’s nationwide holidays. But this year, August collections were also the lowest in three years.
21/9/2023 Research EN
Italian NPL collections: July volumes down 11% over June
Italian NPL collections fell 11% month over month and were 22% and 15% lower than those registered in July 2022 and 2021. Low volumes partly reflect seasonality effects but also the relatively muted activity already observed in the first half of the year.
