“The most pressing problems? The volumes already under management, and the new wave of non-performing exposures we expect as a result of the current situation.” Prelios UTP managing director Stefano Focaccia was talking to Sky TG24's Mariangela Pira on the margins of the Alma Iura Congress in Verona. Taking into account the negative macroeconomic outlook and the probable impact of the Covid-19 pandemic on the real economy, over the next three years new NPEs will consist largely of Unlikely to Pay loans. “At the center of UTP management, there’s always a company going through a phase of temporary difficulties,” said Focaccia. “The basic question people managing these positions have to ask is whether or not the conditions exist for the crisis the company is experiencing to be reversed.”
The website of the 7th Alma Iura National Congress on Jurimetrics, Banking and Finance: nplutp.almaiura.events