Global Trade Alert
Global Trade Alert

Italy: Amco purchases EUR 54 million worth of non-performing loans to Banca Carige S.p.A.

Announcement

17 Dec 2020

In December 2020, the Italian state-owned asset management company AMCO announced the purchase of EUR 54 million of loan contracts from Banca Carige S.p.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Dec 2020

Revocation date:

No revocation date

Updated: 17 Dec 2020
Debt purchase In force
On 17 December 2020, the Italian state-owned asset management company AMCO S.p.A. purchased a EUR 54 (USD 66) million loan portfolio from the private financial firm Banca Carige S.p.A. AMCO will, ther...
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