Tag Archives: Credito Fondiario

Italian banks and NPL Update 2020-0

Posted on February 18, 2020 by Massimo Famularo

Intesa Sanpaolo kicked off long-awaited consolidation among Italian banks with a surprise 4.86 billion euro ($5.3 billion) takeover bid for smaller rival UBI Banca. (my article in Italian). This seem to be quite the opposite strategy of Unicredit that is … Continue reading →

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Italian banks and NPL Update 2019-10

Posted on October 30, 2019 by Massimo Famularo

Concentration through M&A seem to be a relevant trend among NPL investors and special servicers in Italy: Credito Fondiario and Banca IFIS decided not to continue their exclusive negotiation to form a new platform with som 45m of Asset Under … Continue reading →

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Banco BPM selected Credito Fondiario and Elliott for its NPL disposal

Posted on December 11, 2018 by Massimo Famularo

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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