We look
to the future
by changing
the present

AMCO is the full-service credit management company
operating in the Italian NPE market,
supporting businesses and the Italian economy.


Central role


We are a leading specialist in NPE management, holding a leadership position in UTP management, a track record of successes and sound governance.




We operate to create new business opportunities together with our partners and offer innovative solutions for all NPEs in Italy.

We operate with a sustainable and collaborative approach, enhancing the value of portfolios under management with tailored recovery strategies designed on the basis of credit characteristics.

Our goal is to create new value by turning NPLs into new beginnings.


Performance takes center stage


Solidity and performance drive our work.

We base our business model on three pillars providing reactivity, expertise and innovation and setting a benchmark for successful portfolio management:

Diversified management strategy

with a diversified approach that differentiates between gone concern (NPL) and going concern positions (UTP/PD).

Sound organisational structure and specialist skills

thanks to dedicated teams, specialised IT and management systems, and highly skilled individuals with expertise in banking, asset management and credit servicing, and credit services.

Constant, accurate monitoring

of management and performance of internal and third-party managers, based on sophisticated models and tools.

Discover more:


Our history


AMCO’s Group structure


AMCO is a joint stock company whose share capital is divided into ordinary shares with no par value and with voting rights, which are wholly held by the Italian Ministry of Economy and Finance, and B shares, held by the Italian Ministry of Economy and Finance, by other shareholders and include treasury shares, with no voting rights either at ordinary or extraordinary meetings.

AMCO’s corporate structure and its subsidiaries is as follows:

Corporate Structure. 0.22% of shares are held by other shareholders and comprise B shares held by other shareholders and treasury shares.