PwC. The Italian NPL Market. Ready to Face the Crisis
Italian banks, in response to market and regulatory pressure, have halved the total stock of NPL (€135bn in 2019 vs €341bn in 2015) and, at the same time, they have set up their NPL platform and organizational controls that
will allow to manage non-performing loans more quickly and efficiently and thus to face the incoming economic crisis in a more resilient way.
The COVID-19 crisis, needless to say, has surprised everybody, reshuffling the cards and bringing back to the table all participants that are now trying to understand how the market will evolve in the next few months and years.