Piraeus Bank transfers management of NPL portfolio to AFS
Piraeus Bank on Tuesday announced the transfer of its Recovery Banking Unit to the new management company Alternative Financial Solutions (AFS).
- Published in Greece
Piraeus Bank on Tuesday announced the transfer of its Recovery Banking Unit to the new management company Alternative Financial Solutions (AFS).
Eurobank Ergasias SA on Friday announced the conclusion of the acquisition of Piraeus Bank Bulgaria AD, a subsidiary of Piraeus Bank, by Eurobank's subsidiary in Bulgaria, Eurobank Bulgaria AD, following receipt of the relevant regulatory approvals.
The MSCI Standard Greece index has delisted Ethniki, Eurobank and Piraeus banks as Morgan Stanley announced on Tuesday evening, causing a shock to the domestic capital market.