Edition:
United Kingdom

Carige received bid on bad loans from Credito Fondiario and SGA - commissioner


Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Banca Carige Commissioner Fabio Innocenzi says::SGA SUBMITTED BINDING BID FOR 1.9 BILLION EUROS IN BAD LOANS WHICH WILL STAND FOR A FEW MONTHS.CREDITO FONDIARIO SUBMITTED NON-BINDING BID FOR 2 BILLION EURO PORTFOLIO.CASH CALL COVERS 120 MILLION EUROS IN COSTS LINKED TO FRESH LOAN WRITEDOWNS.