About us
CIB Bank Hungary
2017
CIB Bank (the Hungarian subsidiary of the Intesa SanPaolo Group) sold a loan portfolio consisting of non-performing retail mortgage loans.
Deloitte provided transaction advisory services to CIB Bank.
Our Expert's thoughts:
"The sale of CIB Bank's NPL portfolio, was the largest retail mortgage NPL portoflio transaction in Hungary to date. As a result of the well-prepared process, we succeded to fulfill the buyers' information need and managed to attract numerous local, regional and international investors. During the transaction, we managed to conduct a seller-driven and highly competitive tender process with strict deadlines, as a result achieved an outstanding pricing exceeding the expection of our client. As a result of the transaction, our client's retail mortgage NPL ratio was significantly reduced."