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Archive » March 2018 » Real estate collateral and Npls, new Guidelines for valuation

Real estate collateral and Npls, new Guidelines for valuation

Angelo Peppetti
March 2018 - n. 3
Jel codes: G21, G28

A specific working group has been established by the Italian Banking Association and other trade associations in order to define principles and Guidelines for the evaluation of real estate to guarantee non performing loans: a new tool to promote the transparency and correctness of the assessments of properties subject to judicial and extrajudicial enforcement procedures, in compliance with international and European valuation standards. The Guidelines are important not only in the credit provision, but also in relation to Npl banking policies and to foster the efficiency of credit recovery procedures. The Guidelines therefore aim at enhancing the real estate guarantee with a positive impact in terms of efficiency in recovery.

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