Loan And Mortgage Information

Banco Popolare first of Tremonti Bond

by admin on 14/12/08 at 9:01 am

The source of the Sole24ore, news about the first buyers of Tremonti Bond, we are speaking of Banco Popular, for a total of about an amount of 1.45 billion Euros.

Of course, the reasons which prompted the institute to increase its capital to use state bond meanwhile, have circulated the first entries. All the suspects are on Banca Italease. Indiscretions press spoke of “zero net worth” for the investee ended years ago in the middle of a financial scandal. Rumors denials by the bank, which announced that ’short’, there will be solutions for Italease. The “negotiations are advanced between the components of the pact, aimed at identifying the solution, among those still considered as an alternative, to be defined and implemented in a very short time.” In a note instead Italease Bank confirms that the economic crisis is “influencing the evolution of the profile of quality of credit portfolio of the group, characterized by the presence of large exposures attributable to real estate.”