B2Kapital gets central bank permission to buy NPLs

Click For Larger Image & Read More
B2Kapital gets central bank permission to buy NPLs
 © BusinessMail 2018
By Stelios Orphanides

B2Kapital Cyprus Ltd, which entered an agreement with Hellenic Bank to acquire €145m of loans more than four months ago, said that it received green light from the supervisor.

The Central Bank of Cyprus granted B2Kapital, a subsidiary of Norway’s B2Holding Group, licence number 115.1.34.6 allowing it to operate as a credit acquiring company, under the sale of credit facilities and related matters law of 2015, the Limassol-based company said in an emailed statement on Tuesday.

The price of the transaction announced by Hellenic in January...


This article was automatically added to our system 15-5-2018

B2Kapital gets central bank permission to buy NPLs


The contents of this article including any associated images are © BusinessMail 2018
Views & opinions expressed in this article are those of the author and/or BusinessMail .

  • Click Here
Advertise Here

Trending Cyprus News

Article Tags: b2kapital, central, permission,

 

  • Click Here
Advertise Here

24hr News