Alpha Bank shifts non-performing SME loans

Tom Brown

January 31, 2019 06:15 PM

Greece_euros_map_FIG_Adobe_230x150 — Euro coins on a map of Greece (Greek financial crisis) | zimmytws - stock.adobe.com

Alpha Bank sold a €1bn gross-book value portfolio of non-performing Greek SME loans, along with €56m repossessed real estate assets, to a group of funds managed by affiliates of Apollo Global Management and International Finance Corporation in December. The bank was advised by White & Case.

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Tom Brown