May 19, 2022
From May 5th to May 6th, SmithNovak hosted the NPL Europe 2022 conference at which Servdebt was present as a sponsor and as a speaker.
The event gathered 100 panellists, throughout 13 hours, to discuss how “the lending industry is headed into a perfect storm of adverse factors. A global recession. A supply chain crisis. The knock-on effects of the war in Ukraine and the related sanctions. The withdrawal of COVID support across every economy causing the failure of many businesses that were just holding on. Rising interest rates/inflation. With all of these factors, how could we not be seeing a spike in NPLs?”.
Luís Chaves, our Business Development Director, took part in the panel’s discussion focused on Portugal, which sought to answer the following questions:
This 12th edition attracted more than 400 delegates, from 200 companies, from 29 countries, including banks, investors, advisors, fund managers and debt collection agencies in the market. This conference, for many, represented “a first physical, in-person large-scale meeting, with the atmosphere at times feeling more like a celebration of business-as-usual”.