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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

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