Global Trade Alert
Global Trade Alert

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

Announcement

05 Aug 2022

In August 2022, the Italian state-owned asset management company AMCO signed a binding agreement with UnipolRec S.p.A to transfer EUR 2.6 billion of non-performing loans to its balance sheet.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Aug 2022

Revocation date:

No revocation date

Updated: 05 Aug 2022
Debt purchase In force
On 5 August 2022, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 2.6 (USD 2.6) billion loan portfolio from private financial firm UnipolRec S.p.A's. AMCO will, therefore,...
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