trending Market Intelligence /marketintelligence/en/news-insights/trending/tMzU8L35qbZhrFrEMSmzSg2 content esgSubNav
In This List

Report: Hungarian banks considering NPL sales

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Report: Hungarian banks considering NPL sales

Large Hungarian lenders are planning to sell theirnonperforming mortgages now that a national foreclosure moratorium has endedand real estate prices are rising, Reuters reported May 10, citing financialsector sources.

Erste GroupBank AG's unit ErsteBank Hungary Zrt. and UniCredit SpA are among the banks considering NPLportfolio sales to private investors, according to two of the sources. Thesources added that sales could occur in the second half of 2016, with each portfoliofetching around €250 million to €300 million.

One source also said that some prospective buyers included somesmall U.K. funds, specialized central European investors and domestic investors,Reuters reported.