Journal of
Italian
Banking
Association

year 100
 

Archive » May 2020 » Npls and Italian banks: the challenges after Covid-19

Npls and Italian banks: the challenges after Covid-19

Antonella Malinconico
May 2020 - n. 5
Keywords: Covid-19, Npl, banche
Jel codes: I10, G32, E43

Italian banks are facing the imposing challenge deriving from the pandemic. With respect to the previous crisis, they can now rely, for the management of Npls, on better internal management practices, on a highly developed Npls market and on credit servicers and Amc that offer a wide range of services. However, inconsistencies and divergences remain. Italian banks must, on the one hand, respond to the European authorities which impose a very rigid «onesize fits all» regulatory approach and, on the other, operate in an economic environment that has its own peculiarities. Constraints and costs from the judicial system's inefficiency make Npls recovery procedures much more complex and expensive than in other European countries.

 

                                                                    Interested in this paper?
                                                                          Buy the issue