Tag Archives: Carige

Italian NPL Market Update 2017-12

Banca Carige entered into a binding agreement with Credito Fondiario S.p.A., for the non-recourse disposal of a portfolio of mortgage and signature bad loans for a gross nominal value of approximately EUR 1.2 bn (see press release). The transfer price will amount to EUR 265.7 … Continue reading

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Italian NPL Market Update 2017-09

REV the “Bad Bank” that inherited the NPLs of the 4 banks resolved by Italian government in Dec 2015 has closed the “Projectg Vasari” selling 300m GBV to US fund Seer Capital that will use Locam as special servicer has … Continue reading

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