Italy’s private debt, distressed assets and NPLs weekly roundup. News from AMCO, BPER, Intesa Sanpaolo, Bybrook Capital, Italtel, Moby, Trevi and more

On 3 February, Wednesday, Marina Natale, the ceo of AMCO, said before the Italian Parliamentary Commission for Banks that MP Carla Ruocco chairs, that by 2023, Italian banks will have new NPLs of 60-100 billion euros in their books as a consequence of the coronavirus turmoil (see here a previous post by BeBeez). Natale said that Banco Bpm, Bper, Mps, and Ubi Banca are the banks with the most relevant exposure to risky sectors. Natale suggested to implement ad-hoc tools for providing worthy SMEs with fresh resources and to harmonize the requirements for accessing to the servicing market. Banca BPER is considering the sale of an Utp portfolio of 400-450 million euros, ceo Alessandro Vandelli said on 3 February, Wednesday (See h