National Bank of Greece reports closing of shipping loans' portfolio sale

National Bank of Greece on Friday announced a successful sale of a shipping loan portfolio to funds advised by Cross Ocean Partners, with total claims in the portfolio totally approximately 262 million euros, naftemporiki.gr reports.

Nat West Markets acted as a financial advisor, while Watson Farley & Williams was external legal counsel to NBG, according to a bank press release.

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

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: athenswalk

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