Global Trade Alert
Global Trade Alert

Italy: AMCO purchases EUR 177 million worth of non-performing loans to Creval SpA

Announcement

12 Mar 2020

In March 2020, the Italian state-owned asset management company AMCO announced the purchase of EUR 177 million of loan contracts from Creval (Credito Valtellinese) S.p.A.  

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Mar 2020

Revocation date:

No revocation date

Updated: 12 Mar 2020
Capital injection and equity stakes (including bailouts) In force

On 12 March 2020, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 177 (USD 196) million loan portfolio from the private financial firm Credito ...

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