GACs scheme questioned as Intesa opts for loan sale over ABS

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GACs scheme questioned as Intesa opts for loan sale over ABS

Intesa 230x150

Monte dei Paschi, UniCredit and Intesa will push ahead with non-performing loan sales after Sunday's Italian referendum result, but political turmoil and the slow pace of the government’s GACs guarantee scheme could lead to changes in the way NPL sales are structured.

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