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.
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