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Bloomberg: UniCredit is preparing a new NPL operation for 5 billion euro

23 May, CityWire

UniCredit is about to sell an NPL portfolio for a nominal value of 5 billion euro, pursuing in this way its long-term de-risking plan. The bank is currently selecting the credits to include in the operations. Hence, the dimensions of the portfolio are not defined yet.

Source: CityWire

Translator: Cristina Ambrosi