[ Source: IlFattoQuotidiano.it, by Mauro Del Corno on 12th May 2017 ]

The so-called “non-performing loans” may be sold to both companies and funds operating in debt recovery sector.  Those transactions are usually made at very low prices, between 5% and 18% of their nominal value.   For banks this means new losses considering that the amounts are entered at 40-50% of value in their financial statements. Atlante funds aimed at increasing their estimation. However, the goal has not been met.