UniCredit today announces to have reached an agreement with AnaCap Financial Partners ("AnaCap") in relation to the disposal on non-recourse basis (pro-soluto) of a non performing unsecured consumer, overdraft and personal loan credit portfolio.
The portfolio consists entirely of Italian loans with a gross book value of approximately €420 million.
The sale is part of UniCredit's on-going activities to sell non-core assets and strengthen its credit profile.
The impact will be reflected in IIQ 2016 balance sheet.
Milan, April 13, 2016
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