Prime Yield was present in the leading European NPL conference
The company integrated the debates focused on Portugal and Brazil during the “NPL Europe 2018 – Autumn Conference”, held in London in 13-14th September, and released the Autumn updates of its NPL researches for Portugal and Brazil.
This was the 8th edition of the leading Pan-European event for the Non-Performing Loans (NPL) market, in which Prime Yield participated on the Portuguese market session and on the one focused in emerging markets (including Brazil). Nelson Rêgo, CEO of Prime Yield, has integrated the Portugal session, that took place in Day 1, 15h45 pm. As for the panel dedicated to Brazil, which took place also in Day 1 (12h15 pm), Prime Yield was represented by José Antonio Santos, Managing Director for Brazil. Prime Yield also released, first hand in this event, its Autumn updates on the recent researches developed about NPL markets in Portugal and Brazil, which are focused on the key data and transaction potential for 2018 and 2019 in both countries.
“Investing in NPL in Portugal: The Time is Now” shows that, although the steady reduction of NPL in Portugal, there’s still much to be done and Banks are now more pressured to fasten the deleveraging process, which in a context of increasing demand for this type of product, favourable Economic conditions and a buoyant property market could boost NPL sales in the next two years for a value of over €5,2 bn.
“NPL in Brazil: The Next (emerging) Hot Market” concludes that NPLs in Brazil are an increasingly attractive market for international investors and, at the same time, Banks in Brazil are now more open to sell NPL portfolios. As demand and supply are lining up and Economy, even if not expanding rapidly, is recovering, this opens very robust prospects for NPL transactions over the next two years in the country. In 2018, alone, the trade of NPL is expected to hit between R$36-50 billion.
“NPL Europe 2018 – Autumn Conference” took place on 13-14th September at the Radisson Bu Portman Hotel, in London, accounting over 400 professionals of 200 companies from 35 countries. The event is organized by Smith Novak and besides presenting the key indicators and trends on NPL in Europe, hosted several sessions focused on specific European markets and also on some emerging markets in Asia and Latin America.