Banco BPM targets bad-loan unit sale to speed up clean-up – sources
30 May Banco BPM targets bad-loan unit sale to speed up clean-up – sources
Posted at 17:25h
in
News
by KMFSLLP
MILAN, May 31 (Reuters) – Italy’s third largest lender,
Banco BPM, aims to sell part of its debt servicing
unit in en effort to complete its bad-loan reduction plan this
year, sources familiar with the matter said.
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