Banca Monte dei Paschi di Siena Group puts up for sale a non-performing (NPE) portfolio with a GBV approximately of € 400 million

The Banca Monte dei Paschi di Siena Group has put up for sale a non-performing (NPE) portfolio with a GBV approximately of  400 million. Market rumors would show that non-binding offers have already been received from the assignor. Among the players involved the Swedish group Hoist Finance, Illimity. Guber and AMCO.

The bank’s intentions are to sell the portfolio by the summer and the binding offers are expected by July. This operation goes in the direction of making the bank increasingly attractive for a possible M&A operation.

Roberto Sergio

Managing Director of Credit Village, Roberto Sergio has more than 20 years of experience in NPL and distressed debt in the Italian and International market. He is the editor of the NPL column in Credit Village Magazine and the director of Credit Village's National NPL Market Observatory.

Credit Village is a leading company in the field of specialized publishing and event organization for the credit management industry and in all issues and aspects related to the NPE market, including ESG , M&A, Real Estate etc. Credit Village has been the first company in Italy to bring the culture of the credit management industry to the press, events and online, creating the largest community in the sector around itself.

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