News
Sabadell to Sell €369 Million in Non-Performing Loans to Manage Risk
Banco Sabadell SA is actively working to improve its balance sheet by selling a €369 million portfolio of non-performing loans (NPLs). This sale is part of a larger strategy aimed at reducing risk, enhancing capital ratios, and improving the bank's financial position...
Decline in Cyprus’ Non-Performing Loan (NPL) Ratio Signals Continued Improvement in Banking Sector
The banking sector in Cyprus continues to show improvement as the Non-Performing Loan (NPL) ratio declined to 6.9% by June 2024, down from 7.3% in March. Factors such as loan write-offs, restructurings, debt repayments, and sales of NPL portfolios are driving the...
High-Yield Debt: Market Dislocation and Rising Risks
The high-yield debt market is facing increasing levels of distress due to widening disparities between bond valuations and credit risk fundamentals. Rising interest rates and macroeconomic pressures have heightened default risks across sectors traditionally considered...
Private Debt Market to Reach $2.64 Trillion AUM by 2029
The global private debt market is set for substantial growth, with assets under management (AUM) projected to reach $2.64 trillion by 2029. This rise is fueled by growing demand for alternative investments, particularly in a tighter credit environment and amid...
Distressed M&A in Europe: High Anxiety or Golden Opportunity?
Key Takeaway The European distressed mergers and acquisitions (M&A) market is experiencing a significant resurgence in 2024. With deal volumes at a seven-year high, distressed businesses across sectors such as retail, consumer goods, energy, and tech are at the...
Italian Banks Slash Non-Performing Loans to Record Lows, But Challenges Remain
July 30, 2024 – Italian banks have achieved a significant milestone in their ongoing efforts to clean up their balance sheets. According to a report released by PwC, non-performing loans (NPEs) held by Italian banks have dropped dramatically to under €53 billion by...
NARCL Sets Sights on Rs 1.25 Trillion in Stressed Assets
The National Asset Reconstruction Company Ltd. (NARCL) is poised to acquire stressed debts worth Rs 1.25 trillion, as revealed in the latest Economic Survey. The NARCL has begun the process of evaluating assets totaling around Rs 40,000 crore. Since its inception in...