Tag Archives: Intrum Justitia

Italian NPL Update 2018-05

Intrum Lindorff and Intesa Sanpaolo have agreed to establish a servicer of non-performing loans (NPLs) in Italy by merging Intesa Sanpaolo’s NPL recovery operations and all of Intrum’s current Italian operations. The new venture will start with 40 Bn Asset Under Management. The … Continue reading

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Intrum ready to close the deal with Intesa

As communicated yesterday Intrum has submitted a binding offer to Intesa Sanpaolo regarding the establishment of a servicer of non-performing loans (NPLs) in Italy. Highlights Intrum and Intesa Sanpaolo have agreed to establish a market leading servicer of non-performing loans … Continue reading

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Italian NPL Update 2018-02

BPER has announced a 2Bn NPL securitization by the end of this year.. This deal will be in addition to the 1Bn already planned for Banco di Sardegna division and will probably use GACs guarantee on the investment grade tranche. Cassa … Continue reading

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Italian NPL Update 2018-01

Spaxs is the new Special Purpose Acquisition Company lauched by Corrado Passera, former Intesa Sanpaolo and Poste Italiane’s ceo and former Minister of the economic development, and Andrea Clamer, former head of Npl Area at Banca Ifis. It is expected to raise … Continue reading

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