According to Eco, the public bank is in the market to sell mortgage loan, real estate and corporate credit portfolios, and has hired KPMG to advise the operation.

The public bank has hired KPMG to assist it in the sale of bad credit portfolios worth 1,800 million euros. According to Eco, who advances the news, Caixa Geral de Depósitos will carry out operations this year and next, in order to reduce non-performing loans that affect its profitability.

Read more (in portuguese): KPMG advises box in sales 1,800 million in unpaid

1000 Characters left