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BRIEF-UniCredit says Croatian unit sells 450 mlm euro problem loan portfolio
May 22, 2017 / 6:30 AM / 7 months ago

BRIEF-UniCredit says Croatian unit sells 450 mlm euro problem loan portfolio

May 22 (Reuters) - UniCredit says:

* Croatian unit Zagrebacka Banka has agreed to sell an impaired loan portfolio with a gross book value of 450 million euros to APS Holding’s unit APR Delta

* Transaction will impact second-quarter financial earnings but portfolio had already been classified as held for sale in first-quarter results Further company coverage: (Reporting by Milan Newsroom)

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