KEPIDES starts bad bank transformation

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KEPIDES starts bad bank transformation
 © CyprusPropertyNews 2021
After some delay, Cyprus has started the process of transforming the Cyprus Asset Management Company (KEDIPES) into a national asset management company, also known as a bad bank. As a national asset management company, the bad bank will help the banking system rid itself of non-performing loans (NPLs), which currently amount to some €5.5 billion. […]


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Article automatically added to our system on Tuesday, August 24, 2021

KEPIDES starts bad bank transformation


Contents of this article including associated images are © CyprusPropertyNews 2021
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Article Tags: #kepides   #starts   #transformation  


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