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Topic

National Bank

Greek unit of doValue in deal with Bain Capital on National Bank bad loans

Greek unit of doValue in deal with Bain Capital on National Bank bad loans

Published 15 Feb, 2021 08:18pm
  • National Bank, one of Greece's four biggest lenders, completed the sale of the Icon portfolio of bad loans last week to credit specialist Bain Capital Credit, with Morgan Stanley acting as its financial adviser.
  • Last year Italy-based doValue acquired 80% of Greek lender Eurobank's loan servicing unit FPS and renamed it doValue-Greece.
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