Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV

EconomyBanking Tags: Banking, Eurobank, NPLs, Piraeus
Image via www.piraeusbankgroup.com
Image via www.piraeusbankgroup.com
A major NPL deal moved closer towards realisation yesterday when Piraeus Bank announced that it had entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27 billion euro via a special purpose vehicle.

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