ISCC Fintech acquires portfolio of NPL credits worth 11.5 million euro

CSP 2022 turnover rises to 942 million with margins under

(Tiper Stock Exchange) – Integrated System Credit Consulting Fintech (ISCC Fintech), a company active in the purchase of granular portfolios of NPL credits and listed on Euronext Growth Milan, has finalized the contract for purchase of a portfolio of NPL credits unsecured individual, attributable to the secondary and financial market, with a nominal value of approx 11.5 million of Euro. The stock consists of 1,047 positionsderiving mainly from contracts of a banking/financial origin.

“The purchase of non-performing loan portfolios consolidates the role of ISCC Fin-tech in the NPL segment, increasing the company’s portfolio to approximately 814.7 million euros, for a total of approximately 106,365 positions”, he commented the managing director Gianluca DeCarlo.

(Photo: © Veerasak Piyawatanakul)

tlb-finance