National Bank (NBG) plans to sell four portfolios of non-performing loans this year, bankers close to the process said, as Greece’s recovering economy allows its major banks to focus on balance sheet repair after a 10-year debt crisis.

National Bank of Greece on Thursday announced the sale of another portfolio of unsecured NPLs, this time to CarVal, valued at 1.2 billion euros.

A meeting of National Bank of Greece’s (NBG) board to discuss the sale of the lender’s insurance arm concluded on Friday, but no official announcements will be made today, according to sources.