National Bank of Greece to launch online property auction platform next month

National Bank of Greece (NBG) is set to launch next month its own online platform to auction off property, following in the steps of the country’s largest lender, Piraeus Bank, said George Frangou, head of group real estate at NBG, on Tuesday, according to ANA.

Last year, Piraeus Bank was the first lender in the country to launch its own online property auctions via properties4sale.gr for assets tied to non performing loans and sells about 300 properties per year

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Photo Source: Wikimedia Commons Copyright: Chatzaras License: CC-BY-SA pixabay.com

 

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