Sunday, November 6, 2016

Creval eyes state guarantee in 1.5 bln euro bad loan sale - paper

MILAN, Nov 6 (Reuters) - Italian lender Credito Valtellinese

(Creval) is considering the sale of 1.5 billion euros

($1.7 billion) worth of non-performing loans via a

securitisation scheme, Il Sole 24 Ore newspaper reported on

Sunday, citing financial sources.

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