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NBG sells EUR 174 mln Romanian portfolio of problematic loans

The National Bank of Greece (NBG) has completed the sale of a Romanian portfolio of non-performing and underperforming corporate loans (NPLs) with a gross book value of approximately EUR 174 mln to Bain Capital Credit.The portfolio has attached guarantees of approximately EUR 102 mln.   NBG was assisted in the transaction by the international law firm CMS. The transfer of the portfolio was approved by the Romanian ...

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