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Europe-wide secondary market is seen as a key part of helping banks deal with their NPL woes.
The winners revealed in our advisor and loan portfolio buyer and seller categories.
The results of Real Estate Capital's annual awards can now be revealed.
A row has broken out over attempts by a state-owned bank to sell a large portfolio of mortgage loans to 'vulture funds'.
UK-based development finance provider Maslow Capital has acquired a £100 million (€112.7 million) performing loan portfolio, representing the firm’s first participation in the secondary debt market.
‘Mega-deals’ in the Spanish market during 2017 could encourage other banks to put portfolios on the block, says the investment banking firm.
Sareb has managed to reduce bad loans by almost one-third, but divestment of toxic assets remains behind target.
Oaktree Capital Management has bought a portfolio of non-performing loans with a nominal value of €150 million from Sareb, Spain’s ‘bad bank’.
Deutsche Bank has acquired a portfolio of non-performing loans with a nominal value of €375 million from Sareb, Spain’s ‘bad bank’.
The European Commission has backed the European Parliament’s proposals to water down new rules on banks holding non-performing loans (NPLs).