Global Trade Alert
Global Trade Alert

Italy: AMCO purchases EUR 600 million worth of non-performing loans to Banco BPM

Announcement

05 Nov 2020

In November 2020, the Italian state-owned asset management company AMCO announced the purchase of EUR 600 million of loan contracts from Banco BPM.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Nov 2020

Revocation date:

No revocation date

Updated: 05 Nov 2020
Capital injection and equity stakes (including bailouts) In force

On 5 November 2020, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 600 (USD 708) million loan portfolio from the private financial firm Banco BPM. ...

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