TY - GEN AB - This book discusses the most critical issues relating to the recovery of bad loans ℓ́ℓ a major problem that European banks urgently need to address and resolve. The book describes, in an innovative but also pragmatic way, the new approaches, techniques, and models for optimal management of non-performing loans (NPLs) and the maximization of their recovery value. Drawing on a rigorous academic background and the latest real-life experiences of major European banks, it details a novel means of dealing with NPLs based on velocity, the holistic use of tools and ℓ́ℓacceleratorsℓ́ℓ, and the active management of collaterals. Also, there is a specific focus on the smart use of ℓ́ℓbig dataℓ́ℓ and on the development of ℓ́ℓbad banksℓ́ℓ, at both the single bank and the system-wide level. Ultimately, credit workout is defined as a core capability for any competitive bank ℓ́ℓ and as a quite interesting business opportunity for independent, specialized ℓ́ℓalphaℓ́ℓ players. AU - Scardovi, Claudio, CN - HG1615 ID - 752414 KW - Bank management. KW - Bank loans. LK - https://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-25363-3 N2 - This book discusses the most critical issues relating to the recovery of bad loans ℓ́ℓ a major problem that European banks urgently need to address and resolve. The book describes, in an innovative but also pragmatic way, the new approaches, techniques, and models for optimal management of non-performing loans (NPLs) and the maximization of their recovery value. Drawing on a rigorous academic background and the latest real-life experiences of major European banks, it details a novel means of dealing with NPLs based on velocity, the holistic use of tools and ℓ́ℓacceleratorsℓ́ℓ, and the active management of collaterals. Also, there is a specific focus on the smart use of ℓ́ℓbig dataℓ́ℓ and on the development of ℓ́ℓbad banksℓ́ℓ, at both the single bank and the system-wide level. Ultimately, credit workout is defined as a core capability for any competitive bank ℓ́ℓ and as a quite interesting business opportunity for independent, specialized ℓ́ℓalphaℓ́ℓ players. SN - 9783319253633 SN - 3319253638 T1 - Holistic active management of non-performing loans TI - Holistic active management of non-performing loans UR - https://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-25363-3 ER -