HOLISTIC ACTIVE MANAGEMENT OF NON PERFORMING LOANS

Discusses issues relating to the recovery of bad loans Describes the state of the art approaches, techniques, and models for managing credit workout in the European banking system Presents innovative ideas and breakthrough “accelerating” initiatives as pioneered with major European banks This book discusses the most critical issues relating to the recovery of bad loans – a major problem that European banks urgently need to address and resolve. The book describes, innovatively but also pragmatically, the new approaches, techniques, and models for optimal management of non-performing loans (NPLs) and the maximization of their recovery value. Drawing on a rigorous academic background and the latest real-life experiences of major European banks, it details a novel means of dealing with NPLs based on velocity, the holistic use of tools and “accelerators”, and the active management of collaterals.