French Banks Revive Non-Performing Loan Market Amid Early Signs of Credit Deterioration

French banks are actively participating in the non-performing loan (NPL) market, as evidenced by recent transactions involving SocGen, BPCE, BNPP, and Credit Mutuel.

The renewed interest in the NPL market follows early signs of credit deterioration, according to data from the European Central Bank (ECB).

This development is significant, considering that repeat sellers have returned with larger portfolios after years of sporadic activity.