Round Table on 18th of June

On 18th of June the Round Table took place to the topic „liquidity in the crisis “in Frankfurt. York Kreft of The DebtX, reported in its introduction of the behavior of the NPL market players before and during the crisis. All participants (decider of the bank industry, investor, ALTOR group) agreed in the changed aspect the sale of claims concerning.
Before the crisis the debt purchase was welcome to get liquidity. Now in the crisis both sides, buyers and salesmen, became more reserved. A reason for this are among other things the uncertain prices. Therefore investors became more risk-conscious and also more risk-oriented.
 
On the part of the salesmen the trend goes to insource those portfolios at the moment. Frequently a differentiation takes place into simple and difficult objects. Difficult objects, which are located at hardly inquired places (e.g. rural) or in a bad condition, are presumably more offered for the sale end of the year. The not export or automobile dependent middle class invest more into interesting objects at present. Altogether the discussion was not controversially, since the opinion of the participants of the current market situation was quite identical. Consent prevailed also over the fact that it was a very open open and informative exchange between all participants.