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Zagrebacka banka sells non performing credit portfolio to B2 KAPITAL

UniCredit announces, through its subsidiary  Zagrebacka banka, the signing of a loan sale and purchase agreement with B2 Kapital d.o.o., in relation to the disposal of non performing exposures portfolio composed of loans granted to corporate and private individual customers.

 

 

UniCredit announces it has reached an agreement with B2Kapital d.o.o., part of Group B2 Holding ASA, Norway, in relation to the disposal on a non-recourse basis (pro-soluto) of a portfolio composed of non-performing exposures towards to corporate and private individual customers.

 

The portfolio consists entirely of Croatian loans with gross book value of EUR 245,7 million. The settlement is expected to occur by July 2018.

 

The sale is part of UniCredit Group's on-going activities to further reduce the non performing exposures under the Transform 2019 plan.

 

Milan, June 15, 2018

 

 

 

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