Norway-based B2Holding, the owner of Debt Collection Agency (DCA), has through its Italian subsidiary B2 Kapital entered into an agreement to acquire a portfolio of secured retail and non-retail non-performing loans from EMIL BANCA – CREDITO COOPERATIVO SOCIETÀ COOPERATIVA. The portfolio has an aggregate nominal value of approximately EUR 100 million.
With this transaction B2K has asset under management in Italy of approximately EUR 1 billion, mostly managed by the B2K platform in Rome.
“This transaction reinforces B2Holding’s position in the Italian NPLs’ market and confirm B2Holding’s interest in investing in different asset classes in Italy and in developing the Italian servicing platform further.” says Olav Dalen
Zahl, CEO of B2Holding ASA.
In the beggining of July B2Holding announced another portfolio acquisition in Italy with aggregate nominal value of approximately EUR 214 million from Banca Sella SpA.
