Increased interest of funds in NPLs in 2016 - UniCredit expects NPLs fall in Serbia

Source: Tanjug Monday, 29.02.2016. 12:33
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The interest of international players, mainly investment funds, for the purchase of NPL will increase a lot in 2016 which will generate new opportunities for banks as well, president of the Executive Board at UniCredit bank of Serbia, Claudio Cezzario said on Saturday, February 27, 2016.

Forecast of UniCredit group, related to bad loans, so called non-payable loans is more than optimistic when it comes to Serbia where fall in loans share of 20% in 2016 to 18% in 2017 was generated. Serbia has still been, according to that forecast, among the top-ranked countries with the highest stake of NPL. For instance, it was estimated that in Slovenia this year, share of NPL will be11%, and 10% in the next one. In neighboring Croatia, it was estimated that level of bad loans this year will total 17,5%, and 16,5% a year later.

Cezzario said for Tanjug that the bank has been successful in managing its portfolio of non-payable loans in Serbia and that they generated even better result here than planned.

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