Deutsche Bank working with Alpha on Galaxy NPL sale
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Deutsche Bank working with Alpha on Galaxy NPL sale

Alpha Bank PA 23x150

Deutsche Bank has been mandated on Alpha Bank’s ‘Project Galaxy’ NPL sale, likely to be the first to use Greece’s new non-performing loan guarantee scheme known as ‘Hercules’. Like its compatriot Eurobank, the sale will include the spin-off of an NPL management division as well as the loan exposures themselves.

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