NPL – Vitaly Spa

“The Value of NPLs”

NPLs and NPEs: an overview

Impaired loans, commonly referred to as NPLs (Non Performing Loans) or NPEs (Non Performing Exposures), are positions whose collection is impaired or uncertain.

They are mainly distinguished into:

mortgage loans, secured by real estate and often included in enforcement proceedings;
unsecured loans, which lack collateral and are characterized by greater management complexity.

The Italian context

In recent years, European policies to reduce impaired stocks have led to significant market developments, necessitating the need for technical, legal and procedural expertise in portfolio management.

Vitaly's approach

Vitaly S.p.A. performs analysis and evaluation aimed at the acquisition and proprietary management of receivables.

Internal activities include:

document analysis;
legal due diligence;
Study of executive or insolvency procedures;
Monitoring of judicial developments;
Administrative management of positions;
Enhancement of real estate collateral.

The assets described refer exclusively to receivables owned by the company.