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Banca Popolare di Bari and Cerved Credit Management Group have completed a partnership agreement to manage non performing loans and unlikely to pay
Bari - San Donato Milanese, 29 December 2017 – Banca Popolare di Bari S.c.p.A. (“BPB”), parent company of the Banca Popolare di Bari bank group (“BPB Group”), and Cerved Credit Management Group S.r.l. (“Cerved Credit Management Group”), controlled by Cerved Information Solutions S.p.A. (MTA: CERV), parent holding company of the Cerved group, the largest information provider and credit servicer in Italy, have today completed an agreement to develop a long-term industrial partnership to manage the non-performing loans and unlikely to pay exposures (together, the “NPLs”) of the BPB Group