Eurobank applies for Hercules NPL programme

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Eurobank applies for Hercules NPL programme

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Statue Hercules and Nessus made in 1599 in Loggia dei Lanzi in Florence, Italy | Boggy - stock.adobe.com

Eurobank has submitted applications for the senior tranches of a securitization backed by a €7.5bn loan portfolio to qualify for the Hellenic Asset Protection Scheme, known as ‘Hercules’, making it among the first to qualify for the programme if it is approved.

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