UniCredit unlocks €1.3bn of NPLs and reduces ratio to 3%

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UniCredit unlocks €1.3bn of NPLs and reduces ratio to 3%

UniCredit
E8GBYT The Unicredit Tower (Torre Unicredit) , Milan, Italy | Alamy Stock Photo

UniCredit has teamed up with Pimco, GWM and Finance Roma for Project Sandokan 2, a co-investment programme which entered its operational phase on Thursday. It follows the successful launch of the debut Sandokan project, involving €1.3bn of loans implemented in December, 2016.

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