trending Market Intelligence /marketintelligence/en/news-insights/trending/saHifc6EnPrg4pb8vfK7sA2 content esgSubNav
In This List

Hoist Finance, Greek central bank in talks over NPL portfolio management

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


Hoist Finance, Greek central bank in talks over NPL portfolio management

Sweden-basedHoist Finance AB(publ) said March 29 that together with a consortium of Qualco SAand PricewaterhouseCoopers Business Solutions SA, it is in talks with the Bankof Greece regarding the management of a nonperforming loan portfolio of 16Greek banks under liquidation.

Thetransaction would consist of end-to-end portfolio management and a full-scaleoperational rationalization of the resolved banks aiming at optimizing proceeds.

Thetransaction would not result in any material financial effects for HoistFinance in the near future but could create opportunities for the Swedishcompany in Greece.