Sharp rise in Italian NPL ABS expected

Category: NPLs ABS

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Italy is set to see a jump in GACS-eligible securitisations in 2018, potentially totalling €40bn-€45bn in gross book value of sold non-performing loans, compared with €8bn this year. Scope Ratings suggests that should Banca Monte dei Paschi di Siena NPL ABS not close next year, GACS-eligible securitisations in the jurisdiction should still double 2017's total.

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