Tag Archives: Non performing loan (NPL)

Can the EBA and Basel Committee proposals help banks clean up their balance sheets using NPL securitisations?

By Tamara Box, Iain Balkwill, Karen Butler, Emily Cartwright and Sophie Davis on Posted in NPL
Read time: 8 minutes At a glance A large number of legacy non-performing loan exposures (NPLs) continue to subsist on the balance sheets of banks. Portfolios of NPLs tie up huge amounts of regulatory capital which, in turn, limits the amount of capital that banks have available to lend to the real economy. The economic … Continue Reading

Hercules – an astronomical boost for NPL securitisation

By Iain Balkwill on Posted in NPL
Read time: 2 minutes The recent news that the Greek parliament has approved the Greek government guarantee programme Hercules marks an important milestone in the evolution of the European non-performing loan (NPL) securitisation market. If Hercules enjoys the same level of success that we have witnessed the Italian GACS deliver, then this will have widespread, … Continue Reading

Greek’s bad debt exposure – Hercules to the rescue!

By Hayley Davies and Sarah Caldwell on Posted in Securitisation
Read time: 2 minutes In a push to tackle Greek’s bad debt exposure, the Greek Parliament has approved a new asset purchase scheme nicknamed ‘Hercules’. The scheme aims to assist Greek banks deleverage their non-performing loans (NPLs) without the need for the government to step in with subsidies. Under the scheme, banks will sell non-performing … Continue Reading
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