Tag Archives: Banco BPM

Banco BPM selected Credito Fondiario and Elliott for its NPL disposal

Banco BPM approved the binding offer submitted by Elliott International, L.P. (“Elliott”) and Credito Fondiario S.p.A. (“CF”), one of the consortia selected as potential investors for the the last phase of the disposal process regarding a portfolio of bad loans (Project … Continue reading

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Italian NPL Update 2018-08

Italian Banks facing troubles due falling prices of Italian bonds may found some relief from the prolongation of the Italian guarantee scheme to facilitate the securitisation of non-performing loans (GACS). MPS is about to launch project Merlino a sale of 2.5Bn … Continue reading

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Italian Banks Update 2018-07

Spaxs presented the strategic plan for 2018 – 2023 of the new bank that will specialise in underserved segments of the Italian SME market and offer highly digitalised services to retail and corporate customers by means of an innovative business model. … Continue reading

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Italian NPL Market Update 2017-06 (update 16th June)

Project Rossini a secured NPL portfolio sale worth 1Bn€ has received some 30 Non Binding offers. The deal, named after a world famous Italian music composer born in Marche region (where 70% of the loan on sale is said to … Continue reading

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Italian NPL Market Update 2017-06

Banca Mediocredito del Friuli Venezia Giulia has signed a binding agreement to sell to Bain Capital Credit a non-performing exposures portfolio valued 400 million euros (gbv) (see here the press release) IntesaSanpaolo is carrying a strategy to reduce its NPl stock In the first … Continue reading

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