AnaCap scoops up €177m of Italian loans from Barclays

Italy 230
By David Bell
07 Feb 2017

Barclays has agreed to sell a pool of performing and non-performing corporate loans and small and medium sized enterprise loans with a book value of €177m to private equity firm AnaCap Financial Partners.

The price paid for the portfolio has not been disclosed, but Barclays said on Tuesday that the transaction will reduce non-core risk weighted assets by a further £78m. The deal is expected to be closed in the second quarter of 2017.

Barclays still has a residual mortgage portfolio ...

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