CV Springday Connecting People
Milano palazzo Mezzanotte 9 aprile 2024
CvSpringDay, now in its 10th edition, returns to Milan on April 9. This year the event will try to outline the main challenges for the NPE market also in light of the new EU Directive 2167/21.
Since early 2015, joint deleveraging efforts by banks, investors, and servicers have improved the resilience of the Italian financial system, reducing nonperforming loans (NPEs) on bank balance sheets to below 60 billion euros.
However, the problem of impaired loans persists, with more than €300 billion in sold and securitized loans still uncollected, as well as about €200 billion in exposures classified as Stage 2 that are at risk of becoming Underperforming or Non-Performing Loans (UTP/NPL). The implementation of EU Directive 2167/21 aims to create a single European market for the management and purchase of receivables, marking an evolution of the distressed credit ecosystem.
Sustainability and ESG factors, particularly the social aspect and new social securitization structures, are gaining importance as win-win solutions. The nonperforming loan sector also touches the utility and telecom markets, offering opportunities for diversification.
These issues will be the focus of the 10th edition of CvSpringDay, a key event for the credit industry that brings together key players for discussions, sharing and networking.
The afternoon session will feature a vertical focus dedicated to the Utility, Energy, Water & Telco sectors.
This segment serves as a unique platform for discussion and in-depth analysis, fostering engagement and dialogue among credit and risk managers, CFOs, CEOs of utility service providers in Energy, Utilities, Water & Telco, and operators in the credit management and acquisition field, including debt buyer investors, servicers, legal firms, and advisors.
In increasingly complex and unpredictable market scenarios, issues related to the management and sale of loans become strategically more significant, representing a primary driver of competitiveness and positioning for all companies in the sector. For utility service providers, credit plays a crucial role with a significant social impact, including within sustainability policies, especially regarding "Social" aspects within ESG factors.
Key topics include:
Transactions of distressed credit portfolios
Types and processing levels of credits for sale (consumer/SME, etc.)
Volumes, players, and methods of sale (tenders, auctions, private negotiations, and marketplaces).
Factors influencing price determination: structure and availability of data and information in data rooms; prescription terms and common disputes in the post-sale collection process.
Goals and benefits of utility credit sales
Analysis of the impact of distressed credit portfolio sales on the operational, accounting, and financial management of sector companies
Improvement of key indicators and KPIs
Credit risk reduction for the originator and "cash-in" opportunities for buyers
The operational and regulatory framework in the sale and purchase processes of credit portfolios
Identification and selection of legally authorized debt buyers and reliability assessment
Key features and protections in the drafting of sale contracts
Reputational risk containment for the originator
Post-sale relations with the buyer and users.
Case histories
Entering Italian NPE Market is a newsletter and a Linkedin Group focused on News, Updates and Insights on Italian Banks, Ditressed Credit Market, Fintech and Real Estate.
Relevant Links:
https://cvspringday.events/
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