Global Trade Alert
Global Trade Alert

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

Announcement

20 Dec 2021

In December 2021, the Italian state-owned asset management company AMCO signed a binding agreement with Banca Carige S.p.A to transfer EUR 17.7 million 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

20 Dec 2021

Revocation date:

No revocation date

Updated: 20 Dec 2021
Debt purchase In force
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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