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Cerved Credit Management: agreement to manage the former Accedo portfolio of performing consumer loans of approx. EUR 1 billion
Milan, 8 June 2016 – Cerved Credit Management received a mandate from the securitization vehicle Towers Consumer to manage a portfolio of performing consumer loans sold by Accedo S.p.A., the fully owned subsidiary of the Intesa Sanpaolo group focused on consumer lending. The go-live of the transaction is scheduled for 8 June 2016.