Bli medlem
Bli medlem

Du är här


Banca IFIS S.p.A.: Banca IFIS sells 861 million euro worth of NPLs

The portfolio corresponds to about 42.000 positions of unsecured consumer

Mestre (Venice), October 25, 2016 - Banca IFIS announces it has defined the
details of a negotiation for the sale of an unsecured non-performing loans
portfolio in the Italian consumer credit sector. The counterparty to this
deal, which has allowed Banca IFIS to achieve capital gains, is an
International player acting through a SPV.

This transaction involves a non-performing loans portfolio for over861 million
which corresponds to about42.000 positions
. The portfolio, transferred to the secondary consumer credit market is made
up of advanced-age assets.

"Both our purchase and our sale operations testify Banca IFIS's ability to
create synergies with Italian and International players in the primary and
secondary NPL markets" statedAndrea Clamer
, Head of Banca IFIS's NPL Area.

In light of the transactions carried out,Banca IFIS's treasury portfolio
amounts to over1.3 million positions,
corresponding to a total nominal value of over 9.4 billion euro, confirming
the Bank as market leader in Italy and one of the most active players in

Banca IFIS sells 861 million euro worth of NPLs


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Banca IFIS S.p.A. via Globenewswire

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.