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Unicredit and Bper seeking to buy Carige for free in exchange for their NPLs

08 July, Finanza Online

Unicredit and Bper are considering the purchase of Carige at zero cost in exchange for their NPLs, which will be bought by the state-owned company Sga. For this purpose, the Treasury is about to loan Sga about one billion euro in order to buy the bad loans from the two banks.

Source: Finanza Online

Translator: Cristina Ambrosi

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