MPS to transfer €8.14bn of NPEs to state asset manager

Monte's CET1 ratio fell to minus 0.1% under the adverse scenario| Arcansél/Adobe Stock
Banca Monte dei Paschi di Siena (MPS) is transferring its non-performing exposures (NPEs), totalling €8.14bn in gross book value, to the Italian state-owned Asset Management Company (Amco).
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