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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Illimity Bank SpA | BIT:ILTY | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.015 | 0.29% | 5.275 | 5.25 | 5.34 | 5.335 | 5.235 | 5.255 | 234,661 | 16:40:00 |
From May 2022 to May 2024
By Pierre Bertrand
UniCredit SpA said Thursday that it has reached an agreement with Illimity Bank SpA to sell a mixed nonperforming loans portfolio worth roughly 1.3 billion euros ($1.36 billion).
The Italian bank said the impact of the sale would be registered in its financial statements for the second quarter.
The company said the sale falls within its strategy to reduce nonperforming exposures.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
June 30, 2022 02:39 ET (06:39 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Illimity Bank Chart |
1 Month Illimity Bank Chart |
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