PIRAEUS-BANK
Piraeus Bank Completes the Sale of a Portfolio of €0.2bn of Romanian Originated Loans to Kruk Group
Piraeus Bank SA, in conjunction with Piraeus Bank Romania (together “the Bank”), have completed the sale of a portfolio of €0.2bn of Romanian originated loans to Kruk Group.
The sale, together with sales of Romanian loans of €0.4bn in previous periods, have been part of the Bank’s focused and systematic actions, targeted to fulfill its restructuring plan obligations, NPE operational targets and de-risk its balance sheet.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180118006013/en/
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Piraeus Bank Group
George Papaioannou,
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+30 210 3288 830
or
Powerscourt
Alex
Rowbottom
+44 (0)20 7250 1446
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