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     447  0 Kommentare IFIS NPL Purchases 4 NPL portfolios for a nominal value of about € 600 million

    Mestre (Venice), 18 July 2018 - IFIS NPL has acquired from UniCredit and other three players four distressed loans portfolios for a total of approximately € 600 million (nominal value), corresponding to more than 27,500 positions. The loans were purchased mainly on the primary market, mainly unsecured. Below are details of the transactions: 

    -the most significant (mixed banking) portfolio was purchased by IFIS NPL from UniCredit, with a nominal value of € 537 million (over 20,000 positions) and comprises: current accounts (42%), personal loans (30%), and others (28%);

    -the second purchase, worth a nominal € 25,3 million, originates from the primary consumer unsecured market and comes under the scope of the forward flow with a major Italian consumer credit company. It consists of 75% personal loans and 25% revolving loans and credit cards, for a total of more than 3,600 positions;

    -the portfolio sold to IFIS NPL by Carrefour Banca also belongs to the primary consumer credit market (nominal value € 16.5 million) and corresponds to about 3,100 positions, mainly comprising credit cards (48%) and personal loans (50%);

    -the last purchase is of a portfolio sold to IFIS NPL - on the secondary unsecured banking market - by an Italian company that operates in the valuation of the purchase of pecuniary loans due from bankruptcy procedures, which is worth a nominal € 12.4 million (823 positions) and regards corporate (60%) and retail (40%) customers.

    Following the purchases made, the portfolio owned by IFIS NPL comes to more than € 13.4 billion (nominal value), for a total of more than 1.5 million positions.




    This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Banca IFIS S.p.A. via Globenewswire



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    IFIS NPL Purchases 4 NPL portfolios for a nominal value of about € 600 million Mestre (Venice), 18 July 2018 - IFIS NPL has acquired from UniCredit and other three players four distressed loans portfolios for a total of approximately € 600 million (nominal value), corresponding to more than 27,500 positions. The loans were …