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Banca Popolare Lazio sells Npl for 120 mln

Posted: 5 November 2018

Banca Popolare del Lazio sold a portfolio of non-performing loans of 120.5 million euro to the Pop Npls 2018 vehicle company, in view of the securitization of non-performing loans in which another sixteen banks participate.

For the issuing of the senche tranche, the state guarantee Gacs will be required.