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