To Unlock Bank Lending

KKR Credit Launches a Pan-European Platform to Manage Non-Performing Loans

Date:

KKR Credit Launches a Pan-European Platform to Manage Non-Performing Loans

Author: Fórmate a Fondo

  1. The platform supports banks in managing their exposures to non-core and under-performing assets by improving the performance and value of the businesses which underpin the exposure.
  2. There are €1.9 trillion of non-performing and non-core assets, including €1.2 trillion of non-performing loans, sitting on the balance sheets of European banks
  3. The platform is already operating in Italy, working with UniCredit and Intesa Sanpaolo. Expansion into further European countries will follow