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Italy: AMCO signs a transfer agreement with Banca Carige S.p.A

Description

On 20 December 2021, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 17.7 (USD 19.9) million loan portfolio from private financial firm Banca Carige S.p.A. AMCO will, ther...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2021

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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