“The data provided by Banca Ifis confirm that the non-performing loan market will increasingly need specialized players capable of professionally and actively managing every single position”. This was said to Adnkronos by the CEO of Héra Holding, Oscar Pittini, in commenting on the situation of the NPL market on which, among the recent reports, the latest Market Watch Npl, presented in recent days in Cernobbio, had focused.
According to the report, Pittini recalls, “in 2022 the stock of Utp (increasing between 50 and 100 billion euros) is expected to exceed that of NPLs and that the deterioration rate of loans belonging to the business segment will have a more significant increase. with respect to household customers. Transactions on UTP portfolios also increased to 11 billion euros, while transactions on UTP portfolios were estimated at 20 billion between 2022 and 2023 “.
‘behind those entrepreneurial credits, firm construction sites and companies that need help’
“Utp credits are credits that are still alive – explains Pittini – which almost always hide behind an entrepreneur, a firm construction site, a company that only needs help, in a short time, to overcome criticalities. The numbers that emerged from the last Market Watch Npl I have to make us think. The UTPs will increase significantly as will the assignments of these credits which will mainly concern companies. This type of credit – says the CEO of Héra Holding – cannot be treated and processed in an industrial way as it is. occurred for the past large sales of Unsecured NPL credits “.
Already in the past, says Pittini, “it emerged that the common goal must be to keep businesses alive and bring them back to performing. The need to create partnerships between operators in the sector is evident. If on the one hand it is important to immediately identify the first signs of crisis, on the other hand there is the need not only to have an ever greater specialization of the players but it is also necessary to create synergies between operators in order to bring back to life and properly enhance every single project that has stopped “, Pittini points out.