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DoValue, Banco Santander Renew New Loan Management Partnership

MT Newswires·12/03/2025 04:28:37
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04:28 AM EST, 12/03/2025 (MT Newswires) -- Italian financial services company doValue (DOV.MI) and Spanish lender Banco Santander (SAN.MC) signed a new strategic agreement aimed at managing new flows of non-performing loans in Spain. The transaction replaces the companies' existing contract, which expires in December 2025, according to a Wednesday release. It includes an initial two-year period starting Jan. 1, 2026, with options for potential extensions. DoValue noted that the new agreement will concentrate on high-quality and younger non-performing loan vintages.