Seven billion euros from the funds for single name distressed credits on the books of the banks. BeBeez's focus on all funds in fundraising

While UTP credits on banks' books had fallen to €61 billion gross at the end of 2019 from €79 billion at the end of 2018, the lockdown now bodes well for an increase in statistics. According to PwC, it is reasonable to imagine that they will increase by 60-100 billion euros over the next 18 months (see other BeBeez article). Thus more and more funds are launched with the aim of buying from banks NPL and/or UTP loans to Italian companies. Mak