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Crèdit Agricole Italia plans a UTP transaction as the bank looks for an external servicer

21 May, Bebeez

Crèdit Agricole Italia is currently working on a UTP operation amounting to approximately 100 million euro, corresponding to nearly all the bank’s UTP at the end of 2019. The bank is also exploring the possibility of a servicer mandate to manage impaired loans for about one billion euro. Illimity, doValue and Intrum are among the candidates.

Source: Bebeez

Translator: Cristina Ambrosi