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According to plan, Intrum and Intesa Sanpaolo have closed the agreement regarding the establishment of a market leading servicer of non-performing loans (NPLs) in Italy, which was signed on 17 April 2018.
· In the wake of a long period of a rising economy in Europe, savings have gone up – but so has indebtedness. And a growing number of people are struggling: every fifth European needs to borrow in order to pay bills. That group has increased from 15% three years ago to 20% this year. · Parents...
Third solid Quarter in a row
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Mixed picture for European households
European consumers are largely upbeat about the economy, but a large portion of households nevertheless struggles with debt and needs to borrow to pay their bills on time. The 2018 edition of the European Consumer Payment Report reflects a stronger European economy through people’s view of their own and their countries’ economic prospects.
Cracking the code - European prompt payment initiatives
As Europe’s SMEs push for a solution to the persistent issue of late payments, could voluntary prompt payment codes be the answer? Or should the authorities step in? Intrum has taken a closer look at some of the ongoing European initiatives for quicker payment.