On the 29^th of November, the NPL Iberia conference, hosted by SmithNovak, took place, in Madrid, and Servdebt was present as Sponsor and Moderating a key panel discussion on Servicing.

This conference reunited 35 panellists, at the Hotel Princesa Plaza, to discuss the new market activity that is now expected.

Rafel Paim, our Head of Underwriting, moderated the panel focused on Servicing, which sought to answer the following questions:

• How has the market evolved since the Sareb tender? What new M&A activity are we likely to see in the next 12 months?
• How are the Servicers in Iberia differentiating their service offering? What impact is hyperinflation having on Collection rates?
• What size and type of portfolios are likely to come to market in the near future in Iberia, and how are Servicers preparing?
• What currently are the key obstacles and challenges to successful Servicing in both Spain and Portugal? Where are the most interesting opportunities?

This event has gathered more than 170 delegates, from 100+ companies, featuring investors, servicers, banks, legal firms, consultancies, and professionals from other sectors in the market.