Banks: new NPL and UTP operations for 36 billion
02 September, Fortune
According to PwC, banks are ready to transfer impaired loans for a total of 36 billion euro in the upcoming months, which will add to the 11.7 billion already transferred. UTPs will play a crucial role, with Unicredit and Mps planning large operations and Intesa Sanpaolo having entered an agreement with Prelios for the management of its UTPs.
Source: Fortune
Translator: Cristina Ambrosi