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(Visited 18 times, 1 visits today)
  • Transaction / Assets
    NPL and UTP portfolios
  • Seller
    Mps
  • Buyer
    Illimity Bank
  • € MM
    700

Illimity acquired NPLs and UTPs from Mps for 700 million euro

02 August, Borsa Italiana

Illimity Bank announced the completion of two acquisitions from Mps concerning NPLs and UTPs for a total value of 700 million. About 240 million euro of the credits come from the agricultural market, while 450 million are corporate unsecured loans.

Source: Borsa Italiana

Translator: Cristina Ambrosi

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