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EthicalFin NPL and Torre EF Law Firm participate at the Credit Fair

EthicalFin NPL and Torre EF Law Firm are participating in the Credit Fair, an important event in Italy for those working in the NPL sector

It has been a year since the last Credit Fair, and the new edition already draws its stakeholders, as it does every year these days.

This fourth edition is a special occasion for EthicalFin NPL Srl and Torre EF Law Firm, both because we will participate as partners and speakers in one of the panel discussions, and because the Fair will be an opportunity to present a new collaboration that makes us very proud: the one with Credits and Finance Business information Srl.

The theme of this fourth edition is Synergies and, all the more reason for this, we could not be more pleased to announce our participation in the 4th Edition of the FdC, organized by CreditNews, inaugurating the partnership with colleagues from Credits and Finance Business information Srl.

Come and visit us at STAND 19 and at the panel discussion we organized:
ESG, ʟᴇ sᴄᴇʟᴛᴇ sᴏsᴛᴇɴɪʙɪʟɪ ᴅᴇʟʟᴇ ᴀᴢɪᴇɴᴅᴇ ᴇ ᴅᴇʟ ᴄʀᴇᴅɪᴛᴏ


  • ALFREDO FINESCHI | CEO & Founder EthicalFin NPL Srl
  • FRANCO MANTI | Professor of Social Ethics – University of Genoa; Director of EtApp – Research Laboratory for Applied Ethics
  • COSIMO PANAREO | CEO – Crediti e Finanza Business Information Srl
  • DEMIS TODESCHINI | ETF Sales Italy – Franklin Templeton
  • MARCO TORSELLO | President Resilience Srl – Spin-off approved by the University of Tuscia

Moderator: ALESSANDRO RUOCCO | CreditNews Editor


📅 Martedì 23 – Mercoledì 24 maggio 2023
📍STAND n. 19 | Fiera del Credito, presso Superstudio Maxi, in via Moncucco 35 | MILANO

⚠️ ATTENTION ⚠️ 19/05 is the deadline to register


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EthicalFin NPL and Torre EF Law Firm inaugurate the new offices!

EthicalFin NPL and Torre EF Law Firm inaugurate the new offices!

EthicalFin NPL and Torre EF Law Firm inaugurated their new offices and, to mark the occasion, celebrated with friends and colleagues by offering light welcome refreshments.

invito inaugurazione uffici

The new office is located in Rome at Via Aureliana 25, a ten-minute walk from Termini Station. The area is still the same, but larger offices were needed to accommodate the employees and associates of the two companies, which have come a long way since 2020-the year Torre EF Law Firm was established.

The opening party was also an opportunity to exhibit the paintings of an EthicalFin NPL employee, artist Ortensia Grassi in the duo CLORTI ART. The art name was born from the fusion of the names of the artists Clara and Ortensia.


Clara and Ortensia are mother and daughter: they started painting together in 2020, during the first lock-down, and since then they have not stopped experimenting and realizing their creative ideas. They inaugurated their artistic duo by participating in their first exhibition for the “Paris Artexpo” award and, over the years, they have experimented with different material techniques for creating their paintings (you can see some of them on their instagram profile). The common thread that unites them all is their bond, the hard work and beauty of working with four hands and the desire to stimulate the imagination of the viewer. Hence, the title of the exhibition that colored the offices of the two companies: Synergies.

Synergies: thus we inaugurate, with this powerful word, the new chapter of life of the two societies in these beautiful new offices on Aureliana Street!

Inaugurazione uffici EthicalFin NPL 004

inaugurazione uffici EF NPL      Inaugurazione uffici EthicalFin NPL

Inaugurazione uffici EthicalFin NPL


Festival of Bioethics 2022 – Responsibility and Ethical Finance

Santa Margherita Ligure, August 27, 2022 – EthicalFin NPL CEO Alfredo Fineschi is participating in the Festival of Bioethics, a conference organized by the City of Santa Margherita Ligure and the Italian Institute of Bioethics.

It was truly an honor for us to participate in this conference. These moments are valuable opportunities to get to know new realities, share information and network. In addition, for us this was also an opportunity to tell a bit about who we are and how we operate, within a field that is not so well known.

The common thread that united more or less all the speakers at the conference was that of responsibility (not for nothing, the title The Responsibility. Man, Environment, Animals). Our participation was included within a Round Table entitled Sustainability and Responsibility between Economy and Finance, in which we participated together with Arianna Lovera (Senior Program Officer Forum for Sustainable Finance) and Ilaria Manti (Researcher and Economic Analyst Centro Studi Federcasse).

We talked about what we are all about, what our values are, and what it means for us to work in the credit recovery sector in an ethical way.

For those who would like to learn more, you can catch up on the talk by clicking here.[/vc_column_text][/vc_column][/vc_row]

Ethical finance: a look at the world of NPLs

To listen to the speech scroll down to minute 2:17:42

Bioethics Festival
Alfredo Fineschi’s speech

When ethical NPL management allows a fresh start for debtors

The primary objective of an NPL loan manager is naturally the achievement of a high recovery rate; in other words, an optimal return for the investor.
Nevertheless, we believe this should not be the only objective and, above all, it should not be pursued regardless of all the other aspects that are inevitably involved in NPLs.
What can really make the difference is the use of an ethical and sustainable approach in the recovery process. We believe focusing on the borrower’s needs and establishing an effective cooperation with them, is the best way to guarantee an optimal result for both parties.
Our loan managers have noticed that a sustainable management of the loans taking into account the actual financial situation and capacity of the borrower, will significantly facilitate and optimize the collection.

Understanding and caring the borrowers is the key.

It is necessary to acquire as much information as possible about the financial situation of the debtor and to find the elements that inevitably affect their fulfilment capability. This can be done through official sources and in-depth research, often delegated to external agencies dedicated to this job Information such as the immovable property of the borrower, their job, their monthly wage, the presence of companies in which the debtor might own any participation, the property of any vehicles or other movable property can be very useful.

The acquisition of such information is fundamental, not only to estimate the real possibility of recovery, but also to set up a clear and efficient relationship with the borrower.

Extrajudicial solutions

A complete analysis of the status financial situation of the borrower allows the use of one of the best ethical management tools; the extrajudicial transaction.

The search for a win-win solution, before enforcing any judicial executions, is often the best solution both for the loan manager and the borrower.

Reaching an agreement to pay off the debt often guarantees a better and quicker outcome. Once the borrower has payed off his debts, he is released on many fronts: removal from the public registry of debtors, in the Bank of Italy, cancellation of guarantees (personal guarantees and mortgages) and also cancellation of judicial procedures.

A private transaction also allows to obtain positive effects, even when pursued while pending foreclosure procedures are already enforced on the borrower’s property. In these cases, in fact, the deal can consist in the search, by the debtor, of a potential buyer for the property, with the purpose of avoiding the inevitable devaluation of the property that occur during an auction. This guarantees a certain and immediate liquidity, to pay off the debt.

This kind of approach shows that often the borrower is not a bad payer, as may assume, but just a person going through financial issues or standstill.

In light of the above, an ethical and thoughtful NPL management allows to offer people and companies a real opportunity to restart.