ON FRIDAY, 18 NOVEMBER, GENERAL MANAGER RICCARDO SERRINI WILL BRING TOGETHER SOME OF THE MOST PROMINENT EXPERTS IN THE INDUSTRY:
NPLS: THERE IS NOT ONE SOLUTION. THERE ARE MANY DIFFERENT ONES
Milan, 16 November 2016 - Prelios, one of the leading European Alternative Asset Management and Real Estate Services Group, is promoting a round table on non-performing bank loans called “NPLs: There is not one solution. There are many different ones”, at the Pirelli Tower in Milan.
From the recent pilot operation with State-backed, securitised non-performing loans (GACS, in their Italian acronym) by Banca Popolare di Bari to the Multi-seller vehicle, the round table promoted by Prelios will address the possible and necessary “assimilation” of NPLs in a market context by the banks and the Italian economic system. The objective of the meeting, which will be moderated by Nicola Porro, is to understand, in light of the first State-backed securitisation operations, if the prerequisites exist to develop a true NPL market in Italy and how this could contribute to rebalancing the banking system and relaunch the Italian economy.
The event will be hosted by: Riccardo Serrini, General Manager of Prelios and Managing Director of Prelios Credit Servicing. Participants: Maurizio Bernardo, Chairman of the Chamber of Deputies’ Finance Committee; Giuseppe Castagna of BPM; Gianluca Jacobini, Co-General Manager of Banca Popolare di Bari; Guglielmo Manetti, Deputy General Manager of Intermonte; Michelangelo Margaria of Moody’s; Serena Sileoni, Deputy General Manager of Istituto Bruno Leoni; Catia Tomasetti, President of Acea.