Amco to assess the price for Mps NPLs

In view of its privatization by 2021, Mps is about to put on the market NPLs for a value between 8 and 14 billion euro. The exact price will be determined by Amco, the company owned by the Ministry of Finance as well as the potential buyer of the portfolio. By the end of the year, the Italian Treasury will have to present to the ECB a plan for its exit from the bank’s capital.