Brief: Banca Sistema Completes Securitisation Of Non-Performing Receivables From Italy's Public Administration
04/09/2026 06:18
BRIEF-Banca Sistema Completes Securitisation Of Non-Performing Receivables From Italy's Public Administration Sept 4 (Reuters) - Banca Sistema SpA BSTA.MI:
SAID ON THURSDAY IT HAD OBTAINED BANK OF ITALY RECOGNITION OF SIGNIFICANT RISK TRANSFER
COMPLETES SECURITISATION OF NON-PERFORMING RECEIVABLES FROM THE ITALIAN PUBLIC ADMINISTRATION
COMPLETES TRANSFER OF MEZZANINE AND JUNIOR TRANCHES TO THIRD-PARTY INVESTORS
RECEIVABLES PORTFOLIO TRANSFERRED TO SPECIAL PURPOSE VEHICLE FOR €115 MLN
TRANSACTION EXPECTED TO BOOST GROUP CET1 RATIO BY ABOUT 20 BPS
TRANSACTION CUTS GROSS PAST-DUE PUBLIC ADMINISTRATION RECEIVABLES BY 44%
Further company coverage: BSTA.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Banca Sistema
See all newsBrief: Banca Sistema And Banca Cf+ Boards Approve Merger For Incorporation
Brief: Banca Sistema Says Bank Of Italy Authorizes Merger Of Banca Cf+ Into Banca Sistema
Brief: Banca Sistema Completes Securitisation Of Non-Performing Receivables From Italy's Public Administration
Factbox: Italy's banking shake-up: all the M&A deals since 2025
Brief: Banca Sistema H1 Net Profit At €4.5 Mln