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Giovedì 18 Gennaio 2018 | 09:11

Rome

Cooperative Credit Banks transfer 300mn in toxic loans

To Antares SPV

Cooperative Credit Banks transfer 300mn in toxic loans

Rome, January 7 - Twenty-eight Cooperative Credit Banks have transferred 300 million euros' worth of toxic loans to Bayview Fund Management's Antares SPV, the Central Institute for Cooperative Credit (ICCREA) said Thursday. The toxic loans include home and business mortgages as well as unsecured credits, ICCREA said.

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