Share this event on:
  • LinkedIn

Recomend this page

Thank you, we sent your recommendation to the desired recipient.

Sorry, this functionality is not available right now.
Please try with this link. Thank you.

UniCredit Bank Hungary sold non performing credit portfolio composed of residential mortgages

UniCredit announces it concluded an agreement in relation to the disposal on a non-recourse basis (pro-soluto) of a portfolio composed of retail mortgage receivables with a locally-licensed Hungarian financial enterprise. The transaction was financed by investment funds managed by Balbec Capital LP and APS Holding.


The portfolio consists entirely of Hungarian loans. The total claim value of the portfolio is approximately EUR 138.9 million (HUF 42.7 billion).


The sale is part of UniCredit Group's on-going activities to sell non-core assets and strengthen its risk profile.


The impact will be reflected in first quarter 2017 balance sheet.




Milan/Budapest, 20 March, 2017






Investor Relations

Tel +39 02 88621872

e mail:


Media Relations

Tel +39 02 88623569

e mail: