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(Visited 58 times, 1 visits today)

Banks, easier transfer of bad loans

 

A credit package also included in the corrective measure

To facilitate the transfer of bad loans (Npl), this financial operation makes possible for the securitisation companies  managing the Npls transferred by banks and financial intermediaries to allow loans aimed at improving the perspectives of collections of the credits themselves and to promote the better-fortune clause for the debtor. Another amendment approved by the Chamber excludes then the investments of the pension funds from the  risk of bail in. On these sums “actions of the creditors” are not admitted.

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