Reuters logo
Monte Paschi consumer credit unit sells 551 mln euro credits
January 13, 2014 / 6:07 PM / 4 years ago

Monte Paschi consumer credit unit sells 551 mln euro credits

MILAN, Jan 13 (Reuters) - Banca Monte dei Paschi di Siena said on Monday its consumer credit unit Consum.it had sold a 551 million euro ($752.31 million) credit portfolio.

In a statement Italy’s No. 3 bank said the portfolio had been sold to the UK fund Anacap Financial Partners LLP. ($1 = 0.7324 euros) (Reporting by Stephen Jewkes)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below