ISCC Fintech buys unsecured NPL loan portfolio

Cyberoo business continuity despite impact of operational offices in Ukraine

(Finance) – Integrated System Credit Consulting Fintech (ISCC Fintech), a company active in the purchase of granular portfolios of NPL credits and listed since December 2021 on Euronext Growth Milan, has signed a binding agreement for the non-recourse purchase of an unsecured NPL loan portfolio with a nominal value (gross book value) of approximately 103 million euro and made up of 12,293 positions, deriving mainly from consumer credit agreements.

“The purchase consolidates the pursuit of the strategic objectives of ISCC Fintech e allows the company to focus on debt collection activities“explains a note.

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