B2Kapital gets central bank permission to buy NPLs

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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 remains...


B2Kapital gets central bank permission to buy NPLs


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