KM Financial Solutions | Italy’s Banco BPM agrees deal with Credit Agricole in bad loan clean up
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Italy’s Banco BPM agrees deal with Credit Agricole in bad loan clean up

Italy’s Banco BPM agrees deal with Credit Agricole in bad loan clean up

Banco BPM has reached a
deal over its consumer credit business with French rival Credit
Agricole which will help it to sell 7.8 billion euros
($8.83 billion) of bad loans, Italy’s third-largest bank said.

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