Tag Archives: Carige

Italian Banks Update 2018-07

Posted on July 26, 2018 by Massimo Famularo

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 2017-12

Posted on December 7, 2017 by Massimo Famularo

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

Posted on September 6, 2017 by Massimo Famularo

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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