Banca IFIS S.p.A. closes a deal with Banco Popolare purchasing about 152 million euro of NPLs
(Thomson Reuters ONE) -
Mestre (Venice), June 20, 2016 - The dynamic activity of Banca IFIS in the Non-
Performing Loans sector continues also in the summer months. After buying 466
million euro (nominal value) of deteriorated assets from Locam a week ago, the
banking institute closed another purchase deal in the primary banking market.
The subject of the deal is a NPL portfolio of a nominal value of about 152
million euro corresponding to about 9.000 debtors, composed mainly of current
account overdrafts (76%).
The deal testifies Banca IFIS's commitment in the Non-Performing Loans sector
and the ability of its NPL Area to create valuable synergies with Italian and
International players active in the primary and secondary domestic NPL market.
The ability to manage the positions in Banca IFIS's owned portfolio - over 1
million - is guaranteed by the expertise developed by the company in the NPL
sector and by a team of professionals who work respecting indisputable ethics.
Banca IFIS compra 152 mln di NPL dal Banco Popolare_ENG:
http://hugin.info/143833/R/2021934/751211.pdf
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Source: Banca IFIS S.p.A. via GlobeNewswire
[HUG#2021934]
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Datum: 20.06.2016 - 19:48 Uhr
Sprache: Deutsch
News-ID 478829
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