First quarter trends were in line or ahead of the business plan. The deal with Intrum has confirmed that ISP’s NPLs are properly covered and enabled the group to deleverage bad loans ahead of plans and to materialise gains on its servicing platform.
16 May 2018
Accelerated NPL deleveraging
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Accelerated NPL deleveraging
Intesa Sanpaolo S.p.A. (ISP:WBO) | 0 0 1.0% | Mkt Cap: 52,671m
- Published:
16 May 2018 -
Author:
David Grinsztajn -
Pages:
3
First quarter trends were in line or ahead of the business plan. The deal with Intrum has confirmed that ISP’s NPLs are properly covered and enabled the group to deleverage bad loans ahead of plans and to materialise gains on its servicing platform.