KEDIPES introduced the completion, at this time, of the sale of a portfolio of serviced and restructured loans, amounting to 58.4 million euros, to the Financial institution of Cyprus.
It’s famous that this transaction has no vital influence on the outcomes of the Cyprus Asset Administration Firm.
It’s a part of the implementation of the KEDIPES technique, which incorporates the sale of mortgage portfolios, with the primary goal of maximizing the compensation of the state assist acquired by the previous Cyprus Cooperative Financial institution in 2018, as quickly as attainable.
Supply: RIK Radio, KYPE
PAS / MH
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