PCP Capital Partners LLP to invest $2 billion in Greek NPLs

PCP Capital Partners is looking at acquiring a strategic stake in a small Greek bank and using it as a platform to invest up to USD2bn in NPLs. 

PCP, backed by large sovereign investors, is close to acquiring a stake in small Greek lender Pancretan Cooperative Bank, Staveley told Reuters. 

The bank would then be used as a platform to invest up to USD 2bn in non-performing loans in the Greek banking sector over a period.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

 

+ posts

Subscribe to our Newsletter

Follow Us

NEWS FEED

Visit Vavoulas Website
Amaronda Hotel — Book Online