Piraeus enters agreement for sale of 2.2 bln loan portfolio

EconomyBanking Tags: Banking, NPLs, Piraeus
Image via www.piraeusbankgroup.com
Image via www.piraeusbankgroup.com

Piraeus Bank took another step towards reducing its pile of bad loans when it announced on Monday that it had entered into a binding agreement with APS Investments S.a.r.l. (APS) for the sale of a loan portfolio.

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