Prime Yield in the press: “NPL continues to fall in Portugal”
Portugal continues on its deleveraging path, with a 10.7% year-on-year reduction in the amount of defaulted loans by Q3 2024, says Idealista in a detailed article that echoes data from our Spring research ‘Keep an eye on the NPL & REO markets’. This research also finds that the sale of NPLs in Portugal would have totalled €7.6 billion in 2024, the effect of the Cascais operation, which involved the sale of servicer Algebra Capital and its NPL portfolios.
Read the full article and contact us to access the study.
