Greek flag

Stable outlook

Category: ABS NPLs

Previous Story       Next Story

NPL ABS potential underlined

Greece is now leading the way in Europe’s bad loan clean-up, participants in a recent DBRS non-performing loan webinar agreed. The outlook for the European NPL market overall is stable, despite decreased collections and extended timeframes for most securitisations.

Greece’s leading banks have embraced securitisation as a way to improve asset quality, replicating what Italy has done with help of the GACS programme.

Already registered?

Not yet registered? Join today to access SCI Content.