Monte dei Paschi sells €690m of NPLs and UTPs to Illimity Bank
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Monte dei Paschi sells €690m of NPLs and UTPs to Illimity Bank

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Banca Monte dei Paschi di Siena (MPS) has completed the sale of two portfolios of non-performing and unlikely to pay loans to further derisk its balance sheet and complete a planned restructuring, selling almost €700m to Illimity Bank.

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