Previous Next
Santander places two portfolios worth €5.700M on the market
18 October 2019 | Vanessa Sousa

One of the largest divestments of the year in Spain should be carried out by bank Santander, which will soon finish all the formalities necessary to place on the market two portfolios estimated at 5.700 million euro.

Foto

One of the portfolios includes NPLs worth 2.700 million euro and was called Projeto Atlas. The other portfolio consists of a set of terrains estimated at 3.000 million euro.

The information was reported to newspaper El Confidencial by financial sources, which also revealed that several funds have already been contacted by the bank to analyse the portfolios. The conclusion of the sales is not expected to be finished soon, being expected only after March 2020.