The purchase price, of about GBP3.8 billion, represents a 2.5% premium on gross book value
. Lloyds will fund the acquisition from existing internal resources, noting the deal will have "minimal" impact on capital.
During the same period, the size of the NPL ratio (percentage ratio of the stock of gross NPLs on the bank balance sheet to the gross book value
of loans) did not affect the lending policies of the surveyed banks.
Bank of Cyprus' benchmark e1/42.7b NPE sale completed in Q2 2019, and composed mainly of non-performing corporate and small and midsize enterprise exposures secured by real estate collateral, was priced at 48 cents to e1/41 for the portfolio's gross book value
, or 24 cents to e1/41 for the contractual value.
NewCo will enter into agreements regarding servicing of PB's Non-Performing Exposures (NPE) and REO portfolio (which currently has a gross book value
of over EUR28bn), on an initial ten year-term.
In August 2018, BoC reached an agreement for the sale of a portfolio of loans with a gross book value
of e1/42.8 bln, secured by real estate collateral, known as 'Project Helix'.
As of end-April 2018, FBS's special servicing portfolio at April 2018 had a gross book value
of EUR7.5 billion (end-2015: EUR5.2 billion).
29 August 2018 - Cypriot financial services company Bank of Cyprus Holdings plc has reached an agreement for the sale of a portfolio of loans with a gross book value
of EUR 2.8bn (of which EUR 2.7bn relate to non-performing loans) secured by real estate collateral, the bank said.
The firm said that it has finalised the securitisation of a bad loan portfolio with a gross book value
3) we found that the allocation keys' hierarchy is: net replacement cost (NRC), gross replacement cost (GRC), net book value (NBV), and gross book value
Banca Monte dei Paschi rose 3 percent after Italy's third-largest bank said it had signed a binding agreement to sell a portfolio of non-performing loans with a gross book value
of 1 billion euros ($1.1 billion) to a Deutsche Bank vehicle, said on Monday.
EU) (LSE: BKIR_u) has said that NAMA, or National Asset Management Agency, has acquired EUR3.75bn of eligible assets from the bank at a transfer price of EUR2.4bn, equivalent to 64 percent of that portfolio's gross book value
or a 36 percent discount (EUR1.35bn) to gross book value
On April 7, 2009, Polaris Securities announced NT$1.9 billion (US$57.92 million at US$1:NT$32.8) of impairment reserve on its holdings of Industrial Bank of Taiwan collateralized bond obligation 2005-1 totaling NT$3.4 billion (US$103.65 million) at gross book value