Alexandra Valente, a Partner at SRS specialised in Banking and Finance law, took part as a speaker at the NPL Days 2023 on 10 October in Lisbon.
On a panel dedicated to the theme of The NPL management and servicing market, Alexandra Valente discussed topics such as Iris Santos Soares (Banco CTT), Armando Castanheira (Hipoges), Marco Freire (Whitestar) and Nuno Gundar da Cruz (MLGTS):
1. What are the main impacts of the NPL Directive on the Portuguese servicing market?
2. The existing opportunities with the different types of debt that are offered in the market from the specialized servicers' perspective.
3. What are your recovery options and management strategies for the unsecured loans?
4. Have you seen a concrete transition to a more technological model of portfolio servicing?
5. What is the best practice for the servicer to extract the maximum value from a transaction for the buyer?
NPL Days are an event that takes place in various geographies, usually bringing together the leaders of the NPL market in those geographies, trying to try to get to the bottom of some of the specific issues in those geographies.
This year's edition in Lisbon addressed macro-themes such as the possibility of an increase in problem credits in the current context created by the post-pandemic wave, the war in the post-pandemic wave, the war in Ukraine, the energy crisis, rising interest rates and interest rates and inflation affecting Europe, as well as whether Portuguese banks will be able to banks will be able to reduce the stock of non-performing loans, among others.