MPS sold EUR2bn of impaired loans in two tranches in 2015

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Canada Goose online Impaired loans accounted for approximately 34% of gross loans at end 2015, placing significant pressure on profitability and capitalisation. MPS reported an operating profit of around EUR600m in 2015 after four years of heavy losses. MPS sold EUR2bn of impaired loans in two tranches in 2015, in line with the business plan, and aims to dispose of another EUR3.5bn over the canada goose outlet winnipeg next three years. Canada Goose online

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