Posted in Business, Press release
AMCO participates in the restructuring of Banca Progetto
AMCO PARTICIPATES IN THE RESTRUCTURING OF BANCA PROGETTO
Milan, 27 March 2026. AMCO announces that, as part of the restructuring process of Banca Progetto, it has subscribed 50% of a fund1 which acquired from the Bank a portfolio of non-performing loans guaranteed by MCC and SACE, carrying a guarantee issued by FITD (Interbank Deposit Protection Fund). The portfolio acquired by the fund amounts to approximately €2.1 billion (GBV).
AMCO will act as Master and Special Servicer of the portfolio.
1 A newly established closed-end alternative investment fund (AIF) specialising in credits, reserved for professional investors.
