Europe's non-performing loans now total more than €1.2 trillion
- UK banks top the 2013 non-core loan portfolio transaction table with €13bn deals reported in the year to date
- Commercial real estate (€15bn) and unsecured retail loans (£10bn) are the most actively traded NPL assets
- Fresh interest from US and Middle East investors.
London, 29 Oct 2013‑‑European non-performing loans (NPLs) held by banks have increased to €1.2 trillion (up by nearly €100 billion in 12 months) driven mainly by reported increases in Italy, Greece, Spain and Ireland, says PwC in its latest market update published today. PwC tracks the volume of European NPLs and also the market for non performing and distressed lending portfolios that’s grown up around it.
Andrew SmithMedia RelationsUnited Kingdomandrew.email@example.com+ 44 020 7213 1216+ 44 07841 491180
Press release download
More from News releases
Subscribe to rss feedXML
$4.6 trillion logistics industry disrupted by customers, competition and digital
PwC and GE Digital form Strategic Alliance to help organisations worldwide harness the power of the Industrial Internet
Government intervention and private sector engagement in waste water reuse critical to solving the urban water crisis