Global Trade Alert
Global Trade Alert

Italy: AMCO purchases EUR 270 million worth of non-performing loans to Creval SpA

Announcement

06 Aug 2020

In August 2020, the Italian state-owned asset management company AMCO announced the purchase of EUR 270 million of loan contracts from Creval S.p.A. (Credito Valtellinese). 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Aug 2020

Revocation date:

No revocation date

Updated: 06 Aug 2020
Debt purchase In force
On 6 August 2020, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 270 (USD 319) million loan portfolio from the private financial firm Credito Valtellinese S.p.A. AMCO wil...
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