Italy’s Banco BPM agrees deal with Credit Agricole in bad loan clean up
30 Nov Italy’s Banco BPM agrees deal with Credit Agricole in bad loan clean up
Posted at 10:48h
in
News
by KMFSLLP
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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