Resurs confirms its strength by selling non-performing loans to a leading international investor
Resurs Bank, a wholly owned subsidiary of Resurs Holding, has entered into an agreement with a leading international investor in non-performing loans to sell parts of Resurs Bank’s non-performing loans for a gross carrying amount of just over SEK 500 million. The sale will have a positive impact on Resurs Bank’s capital requirements and liquidity and a neutral effect on earnings.The sale is expected to be completed at the end of the fourth quarter of 2020 and is in line with the strategy for the management of non-performing loans that Resurs Bank has followed since the autumn of 2018. The