National Bank of Greece on Friday announced it has submitted an application for the inclusion of NBG’s Frontier securitization under the Hellenic Asset Protection Scheme “Hercules”, ANA reports.
In the context of its transformation program, the National Bank of Greece SA has launched the securitization of a portfolio of non-performing loans under the project name “Frontier”, accounting for 6.1 billion euros in terms of gross book value.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: athenswalk
