Italy’s BPER to cut problem-loan ratio to 18 pct with securitisation
21 Jun Italy’s BPER to cut problem-loan ratio to 18 pct with securitisation
Posted at 17:13h
in
News
by KMFSLLP
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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