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BHW Bausparkasse and Cerved Credit Management sign an agreement for the development of an industrial partnership in the management of non-performing loans
Bolzano, 31 March 2016 – BHW Bausparkasse AG – Italian branch (“BHW-IT”), headquartered in Bolzano, part of the German banking group BHW Bausparkasse AG (“BHW”), in turn part of the German banking group Deutsche Postbank AG (“PB”) which is 100% owned by Deutsche Bank AG (“DB”; DBK:GR), and Cerved Information Solutions SpA (“Cerved Group”; CERV:IM), parent holding company of Cerved Group SpA, the largest information provider in Italy, via its controlled subsidiary Cerved Credit Management SpA (“CCM”), have finalised on 30 March 2016 a long-term industrial partnership for the management of non-performing loans (“NPLs”) originated by BHW-IT in the Italian territory.