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Italy: AMCO signs a transfer agreement with Intesa Sanpaolo S.p.A

Description

On 1 July 2022, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 1.4 (USD 1.4) billion loan portfolio from private financial firm Intesa Sanpaolo. AMCO will, therefore, tak...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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