Radar > 229366

CaixaBank puts problematic assets up for sale for EUR 900m

CaixaBank pone a la venta activos problemáticos por valor de EUR 900m

Intel ID : 229366
Synopsis

Spain-based CaixaBank (BME: CABK) may have put a portfolio of problematic assets up for sale, for EUR 900m. This portfolio is known as Proyecto Atalaya, as published by newspaper Expansión on 15 September 2015.

Specifically, these assets include non-performing loans to real estate developers, mainly in Andalucia and Castilla-La Mancha.
(content in spanish)

La empresa española CaixaBank (BME: CABK) podría haber puesto a la venta una cartera de activos problemáticos por valor de EUR 900m, en lo que se conoce como Proyecto Atalaya, según ha reportado el diario Expansión el 15 de septiembre de 2015.

En concreto, los activos serían créditos a promotores impagados, concedidos principalmente en Andalucía y Castilla-La Mancha.

Seller


Intel ID 229366
Value ND
Native Currency Euro (EUR)
Financial Data - CaixaBank
(31 Dec 2019)
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Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.