(Visited 48 times, 1 visits today)
(Visited 48 times, 1 visits today)

Mps to disclose its NPL strategy for the transfer of 10 billion euro

14 November, Finanza Report

The project concerning the transfer of NPLs for 10 billion euro by Mps aims at the exit of the Italian Ministry of Treasury from the bank’s capital by 2021. The strategy has to be approved by the European Commission. The plan implies the transfer of the NPLs to Amco, a company owned by the Treasury.

Source: Finanza Report

Translator: Cristina Ambrosi

(Visited 48 times, 1 visits today)

Read more:
Bottelli (Kryalos): no bad loans if properties are valorised

06 January, Milano Finanza While Italy is still dealing with bad loans, mainly originated from real estate operations, the Italian...