SmithNovak – Northern Europe NPL Market Update 2021 | SmithNovak | 2 December 2021 | Virtual Event

With the ECB earlier this year warning that European Banks are "sweeping loan defaults under the carpet", this webinar is a discussion of the impact of Covid on the NPL stocks of the UK, Ireland, Germany, France, and the Netherlands, and particularly, the implications of the end of loan payment holidays and the resulting resolution strategies banks are likely to adopt.

Panel Discussion Topics:
• What types of payment moratoria and other measures have governments in the region adopted, what are the risks, and which asset classes will particularly be under stress?
• By how much will NPL stocks increase and what approach will the banks take to resolution? Will we see portfolios coming to market? What types of investors will be active?
• We have seen bank exits in Ireland and mergers elsewhere. Can we expect to see similar activity throughout countries in the region? What factors are driving mergers, acquisitions, and exits? Will we see more sales of Performing Loan units?
• Reports are predicting a record year of NPL portfolio sales across Europe in 2022. What value of transactions can we expect in North Europe?
• After the pandemic: will we see a recovery in consumer spending after the pandemic? How will European economies evolve through 2022? Which companies will bounce back quickly? What is the impact on the Retail, Office, and Hospitality markets?

2021 Speakers

PANELLISTS:

Mark Edwards
Partner, Head of Global Loans UK/USA, Ashurst, UK

Robert Meyer zu Starten
Managing Partner, Octane Capital, Germany

Éric Veyrent
Deputy CEO, Crédit Logement, France

Jim Appleby
Managing Director, Operations & Asset Servicing UK and Netherlands, Arrow Global, UK

Claus Radünz
Executive Director, LBBW, Germany