UniCredit seeks bids for 1 bln euro ‘unlikely to pay’ loan portfolio -source
UniCredit is seeking
non-binding bids to sell up to 1 billion euros ($1.1 billion) in
so-called “unlikely-to-pay” (UTP) loans by the end of September,
a source close to the matter said, as Italy’s top bank steps up
its clean-up efforts.
non-binding bids to sell up to 1 billion euros ($1.1 billion) in
so-called “unlikely-to-pay” (UTP) loans by the end of September,
a source close to the matter said, as Italy’s top bank steps up
its clean-up efforts.
Posted by Reuters
