Global Trade Alert
Global Trade Alert

Italy: AMCO signs a transfer agreement with Monte dei Paschi S.p.A

Announcement

05 Aug 2022

In August 2022, the Italian state-owned asset management company AMCO signed a binding agreement with Monte dei Paschi S.p.A to transfer EUR 208 million of non-performing loans to its balance sheet.

 

Source

Sign in to access

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 Monte dei Paschi S.p.A. purchased a EUR 208 (USD 211) billion loan portfolio from private financial firm Monte dei Paschi S.p.A's. AM...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.