Prelios Credit Servicing (PRECS, 100% owned by Prelios S.p.A.), specialized in the management and recovery of non-performing loans (“NPL”), is duly registered in a special register provided for by Article 106 (c.d "Albo unico") of the Consolidated Banking Act. Through its service activities (special, master and corporate servicing) PRECS is one of Italy’s leading operators for the volume of NPL managed with a portfolio of approximately € 9.3 billion (Gross Book Value). The independence and authoritativeness of PRECS makes it the ideal partner for global banks and investors.
The company operates through a highly-specialised structure with financial, real estate and legal expertise. It has local agencies and a real estate and legal professionals network covering the entire country. PRECS offers Special Servicing solutions, i.e. credits management and recovery; Master Servicing solutions, i.e. administrative, accounting services; Corporate Servicing, i.e. institution and management of special purpose vehicles; due diligence of loan transfer portfolios and advisoring for the purchase and disposal of portfolios.
Last updated: 10/01/2017 00:00