Monte dei Paschi disposes yet more NPLs

By Tom Brown
13 Aug 2019

Banca Monte dei Paschi di Siena has completed four transactions for the sale of non-performing loans, totalling €340m.

The transactions came on top of those sold to Illimity Bank on July 31 and those sold to a Cerberus subsidiary on August 1, bringing the total of non-performing exposures (NPEs) sold by the bank in the last two weeks to almost €1.5bn. 

One of ...

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