(Visited 54 times, 1 visits today)
(Visited 54 times, 1 visits today)

Ubi Banca to sell an NPL portfolio for 800 million by the end of the year

11 November, Bebeez

Ubi Banca is currently considering the transfer of a non-performing portfolio consisting of residential mortgages for a gross value of 800 million euro using the State guarantee. The operation is expected by the end of the year.

Following the transaction, the bank’s Npe ratio will reduce to 8%. Meanwhile, Ubi Banca is continuing with its credit collection internal activity to reduce the NPL stock further.

Source: Bebeez

Translator: Cristina Ambrosi

(Visited 54 times, 1 visits today)

Read more:
Rome, agreement on Piazza dei Navigatori. Green light to a new 10-storey building

16 March, La Repubblica The Colombo skyline will radically change with the new ten-storey building that will be built in...