Eurobank sells NPL package in attempt to reduce bad debt pile

EconomyBanking Tags: Banking, Debt, NPLs
Photo by MacroPolis
Photo by MacroPolis
Eurobank became the first Greek systemic bank to sell a package of non-performing loans (NPLs) as Greek credit institutions attempt to tackle non-performing exposures (NPEs) in excess of 100 billion euros in their balance sheets.

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