• The Group acts as pathfinder: the pioneering transaction for finance is new for this type of non-performing exposure • Moody’s and Scope have assigned the senior notes a rating of A2 and A-, confirming the quality of the NPL portfolio and Banca Ifis’s ability to service Milan,… Read More
Non-performing loans: banks accelerate NPL sales. Transactions of Euro 40 billion in 2021 Default rate to climb to 2.6% this year, more than twice the level in 2020 Total volume of NPEs in Italy will reach Euro 389 billion in 2021 Since 2017 over Euro 50 billion has been… Read More
This transaction brings the total purchases of non-performing loan portfolios since the beginning of the year to 2,2 billion Euro Mestre (Venice), 11 November 2020 – Banca Ifis and the Intesa Sanpaolo Group have finalised the purchase of unsecured non-performing exposures with a total nominal value of 553 million… Read More
