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UniCredit's Russian unit to sell NPL portfolio to EOS

UniCredit SpA agreed to sell through Russian unit AO UniCredit Bank a €45.2 million nonperforming loan portfolio to EOS.

The sale is part of UniCredit's ongoing activities to reduce its nonperforming exposures.

The impact of the transaction will be reflected in the Italian lender's third-quarter financial statements, it said Sept. 24.