Research from Deloitte shows that major European banks have over €800 billion of NPLs on their balance sheets.

Providers of debt facilities have seen their rates of non-performance spiral year by year, whether they are banks, credit card issuers, utility companies, retailers, or debt purchasers.

In this Debt Portfolio Blueprint, we discuss:

  • Why persistently high NPLs hold down credit growth and economic activity.

  • Why a thorough strategy is crucial to improve your net rate of collections and recoveries.

  • Why debt collection has become more than a day-to-day task and why strategic debt collection goals need to be in place.

The need to develop an effective collection and recovery strategy with a clear business case has never been more imperative.

If your organisation doesn’t invest, recovering outstanding debt will be more challenging than ever.