December 20, 2017 / 11:43 AM / 8 months ago

BRIEF-DoBank To Manage 1 Bln Euro Bad Loan Portfolio Of Three Italian Bailed-Out Banks

Dec 20 (Reuters) - DOBANK:

* SIGNS AGREEMENT TO MANAGE AS SPECIAL SERVICER BAD LOANS ABOUT 1 BLN EURO BAD LOANS

* AGREEMENT IS PART OF THE BAILOUT DEAL OF CASSA DI RISPARMIO DI RIMINI, CASSA DI RISPARMIO DI CESENA E CASSA DI RISPARMIO DI SAN MINIATO

* IT IS EXPECTED THAT MANAGEMENT OF BAD LOANS BY DOBANK WILL BEGIN IN Q1 2018 Source text: bit.ly/2B5iiHj

Further company coverage: (Gdynia Newsroom)

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