According to European Bank for Reconstruction and Development (EBRD), EBRD, APS Delta, Balbec Capital and IFC will jointly invest $57 million in portfolio of unsecured sour loans originated by Greece’s Piraeus Bank Greece banks are struggling with highest ratio of non- performing exposures (NPEs) in Europe because of the seven year debt crisis. Piraeus Bank which is also Greece’s largest More …
GREECE > The European Bank for Reconstruction and Development, APS Delta, Balbec Capital and the IFC will jointly invest 50 million euros ($57 million) in a portfolio of unsecured sour loans originated by Greece’s Piraeus Bank
According to European Bank for Reconstruction and Development (EBRD), EBRD, APS Delta, Balbec Capital and IFC will jointly invest $57 million in portfolio of unsecured sour loans originated by Greece’s Piraeus Bank Greece banks are struggling with highest ratio of non- performing exposures (NPEs) in Europe because of the seven year debt crisis. Piraeus Bank which is also Greece’s largest More …