Creation of Net New NPLs: 700 Banks analysed
Financials
Paul Hollingworth reveals that of the large EM banks, Itau Unibanco and Santander Brasil are producing a prodigious quantity of NNNPLs relative to their Equity. Of the large global systemic banks, Banco Santander stands out as a vulnerable entity (trouble stems mainly from LATAM). Broadly, it appears that banks in India, Peru, Colombia, South Africa and Brazil are generating a swelling quantity of NNNPLs. Conversely, Greece is reducing NNNPLs at a phenomenal rate.
Edition: 128
- 04 February, 2022