NEW RESEARCH
At NPL Markets, we have worked on the performance projections of all 46 GACS and 7 non-guaranteed Italian NPL securitisations, based on public information currently available, identifying the transactions for…
Italian NPL ABS Cash Flow Projections
The GACS government-guarantee scheme successfully helped Italian banks with removing large volumes of NPL from their balance sheets. However, the costs and benefits to the taxpayer will not be…
New Research: Cure Rate for Small and Medium Enterprises in Italy
We explore the transition frequencies for Italian loans to small and medium size enterprises from non-performing to performing, i.e. the cure rate.
Projections of Global NPL Ratios 2023H1
In this semi-annual note, we update our forecasts of NPL Ratios in many countries based on the most recent macroeconomic scenarios of the World Economic Outlook published by the IMF…
Transforming loan trading with generative AI
Large Language Models (LLMs) have the potential to revolutionise financial companies by offering insights and analytics that go far beyond the handling of structured financial data. When considering loan sales,…
Models for the cure rate of defaulted loans to small and medium enterprises in Italy
We explore the transition frequencies for Italian loans to small and medium size enterprises from non-performing to performing, i.e. the cure rate. The cure rate is of particular importance…
Review of ESMA disclosures for European securitisations
We review recent developments for the mandatory investor disclosures of European securitisation transactions. We report on our findings from generating these loan level disclosures and from using the data for…
Lessons learnt from first EBA NPL data templates
The new EBA NPL transaction templates are expected to become mandatory for European banks for non-performing loan (NPL) portfolio sales after the publication of the implementing technical standards in the…
NPL Markets Credit Risk Monitor: United Kingdom
In December, the Daily Telegraph wrote on the back of high inflation and the cost-of-living crisis in the United Kingdom “Get ready for the weirdest recession in history”. In…
NPL Markets Credit Risk Monitor: Mexico
NPL Markets regularly publishes forecasts for non-performing loans for many countries in Europe, the Americas and Asia. In this note, we focus on Mexico where NPL Markets has recently…