trending Market Intelligence /marketintelligence/en/news-insights/trending/1acst-kwct8wzxcfv-2upq2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Bankinter to sell €66.4M portfolio of doubtful debt to Arrow Global

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Blog

Banking Essentials Newsletter: May Edition, Part-2


Bankinter to sell €66.4M portfolio of doubtful debt to Arrow Global

Bankinter SA agreed to sell a portfolio of doubtful and written-off loans of unit Bankinter Sucursal en Portugal amounting to €66.4 million to Arrow Global Ltd.

The portfolio comprises about €134.7 million in doubtful debt secured by collateral and personal guarantees and €227.5 million in write-offs, the Spanish banking group said Aug. 10.

Following completion of the sale, Bankinter's nonperforming loan ratio will decrease by approximately 23 basis points while that of its Portuguese unit will drop by around 250 basis points.