KM Financial Solutions | Italy’s BPER to cut problem-loan ratio to 18 pct with securitisation
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Italy’s BPER to cut problem-loan ratio to 18 pct with securitisation

Italy’s BPER to cut problem-loan ratio to 18 pct with securitisation

MILAN, June 22 (Reuters) – Italy’s sixth-largest banking
group, BPER Banca, said on Friday that its
problem-loan ratio would fall to 17.8 percent once its Banco di
Sardegna unit completed a 900 million euro ($1 billion) loan
securitisation deal.

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