Italy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t

Italy is one of the most developed NPL markets in the world, having undergone a profound transformation since the 2010s crisis.<\/em><\/strong><\/p>

Key Indicators<\/h3>

• NPL Rate: ~2.6\u20132.7% (2025)<\/li>
• Peak: 17.1% (2015)<\/li>
• EU NPE Market Size: \u20ac373 billion (2025)<\/li>
• Deal Volume: ~\u20ac17 billion\/year<\/li>
• Recovery Rate: 45\u201350%<\/li><\/ul>

  Dynamics<\/h3>

  2015 \u2014 17%
  2018 \u2014 ~10%
  2021 \u2014 ~5%
  2025 \u2014 ~2.7%<\/p>

  Institutional Model<\/h3>

  Italy uses a market model:<\/em><\/strong><\/p>

  • State-owned GACS scheme<\/li>
  • Developed investor market<\/li>
  • NPL securitization<\/li>
  • Active secondary market (>50%)<\/li><\/ul>

    Current Trends<\/h3>

    • Growth of NPLs in the corporate sector<\/li>
    • Real estate risks<\/li>
    • Secondary market growth<\/li>
    • Economic slowdown (~0.8\u20131% GDP growth)<\/li><\/ul>

      Key success factors<\/h3>

      • developed legal system<\/li>
      • standardized transactions<\/li>
      • intense investor competition<\/li>
      • market transparency<\/li><\/ul>

        Conclusion<\/h3>

        Italy is a benchmark for the NPL market model::<\/p>

        • efficient balance sheet cleanup<\/li>
        • developed infrastructure<\/li>
        • high liquidity<\/li><\/ul>

          Model: market-based resolution<\/strong><\/p>

          Previously published information<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

          Italy Italy is one of the most developed NPL markets in the world, having undergone a profound transformation since the 2010s crisis. Key Indicators NPL Rate: ~2.6\u20132.7% (2025) Peak: 17.1% (2015) EU NPE Market Size: \u20ac373 billion (2025) Deal Volume: ~\u20ac17 billion\/year Recovery Rate: 45\u201350% Dynamics 2015 \u2014 17%2018 \u2014 ~10%2021 \u2014 ~5%2025 \u2014 ~2.7% Institutional Model Italy uses a market model: State-owned GACS scheme Developed investor market NPL securitization Active secondary market (>50%) Current Trends Growth of NPLs in the corporate sector Real estate risks Secondary market growth Economic slowdown (~0.8\u20131% GDP growth) Key success factors developed legal system standardized transactions intense investor competition market transparency Conclusion Italy is a benchmark for the NPL market model:: efficient balance sheet cleanup developed infrastructure high liquidity Model: market-based resolution Previously published information<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-14920","page","type-page","status-publish","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"eugene","author_link":"https:\/\/fpl.kz\/?author=1"},"rttpg_comment":0,"rttpg_category":" English<\/a>","rttpg_excerpt":"Italy Italy is one of the most developed NPL markets in the world, having undergone a profound transformation since the 2010s crisis. Key Indicators NPL Rate: ~2.6\u20132.7% (2025) Peak: 17.1% (2015) EU NPE Market Size: \u20ac373 billion (2025) Deal Volume: ~\u20ac17 billion\/year Recovery Rate: 45\u201350% Dynamics 2015 \u2014 17%2018 \u2014 ~10%2021 \u2014 ~5%2025 \u2014 ~2.7%…","_links":{"self":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages\/14920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fpl.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14920"}],"version-history":[{"count":10,"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages\/14920\/revisions"}],"predecessor-version":[{"id":14973,"href":"https:\/\/fpl.kz\/index.php?rest_route=\/wp\/v2\/pages\/14920\/revisions\/14973"}],"wp:attachment":[{"href":"https:\/\/fpl.kz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}