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BRIEF-BPER sells 150 mln euro bad loan portfolio
December 22, 2016 / 4:54 PM / in a year

BRIEF-BPER sells 150 mln euro bad loan portfolio

Dec 22 (Reuters) - Banca Popolare Emilia Romagna says:

* Sold bad loan portfolio with gross book value of 150 million euros made up mainly of unsecured corporate loans

* To book transaction in the current year without significant effects on earnings or capital

* Transaction brings overall bad loan sales by group to more than 700 million euros Further company coverage: (Reporting by Milan Newsroom)

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