(Visited 107 times, 1 visits today)
(Visited 107 times, 1 visits today)
  • Transaction / Assets
    NPL portfolio
  • Seller
    Iccrea
  • Buyer
    Banca Ifis
  • € MM
    230.5

Iccrea sold NPLs for 230.5 million to Banca Ifis

07 January, Cesena Today

Iccrea sold on behalf of about 40 banks of the group an NPL portfolio amounting to 230.5 million euro to Banca Ifis. The portfolio is composed of 6,800 holdings consisting of unsecured loans for 80% and secured residential and commercial credits for the remainder.

Source: Cesena Today

Translator: Cristina Ambrosi