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AnaCap closes Volksbank and Banca di Pisa e Fornacette NPLs for €225m

AnaCap Financial Partners has acquired two Italian NPLs for a combined €225m, predominantly backed by Italian real estate.
By James Wallace
October 2, 2018 | 1:13 P.M.

Volksbank sold a 141m NPL portfolio, primarily comprised of SME loans. The majority of the portfolio is backed by property in Northern Italy.  In addition, Banca di Pisa e Fornacette Credito Cooperativo sold AnaCap a 84m NPL portfolio also comprised of predominantly secured SME loans, largely secured by real estate in Tuscany. 

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