Eurobank sells NPLs portfolio worth 1.5 bln euros to Intrum

Eurobank on Wednesday announced the completion of the sale of the non-performing unsecured consumer loan portfolio with an unpaid total principal amount of 1.5 billion euros to Intrum Hellas DAC, a company controlled by Intrum Group.

The transaction was completed on November 13, 2017. The servicing of the portfolio has been delegated to the licensed NPL servicer Financial Planning Services S.A. (FPS), a subsidiary that is 100 pct owned by Eurobank .

Source ANA-MPA
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