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Bk. Cyprus Hldg News Headlines. BOCH Share News. Financial News Articles for Bank Of Cyprus Holdings Public Limited Company Ord Eur0.10 updated throughout the day.


Mon, 18th Jan 2021 10:34
(Alliance News) - Bank of Cyprus Holdings PLC said Monday it has agreed to offload a EUR545 million portfolio of non-performing loans as part of its Project Helix.
Project Helix is Bank of Cyprus s effort to sell off its non-performing loans.
The sale, to funds affiliated with Pacific Investment Management Co LLC, covers the lender s Helix 2 Portfolio B.
Portfolio A - covering EUR916 million in non-performing loans - was sold in August last year to Pacific.
Portfolio B had a contractual balance of EUR783 million and comprises about 16,000 loans, mainly to retail and SME clients, secured over about 4,000 real estate collaterals, Bank of Cyprus explained. ....

Panicos Nicolaou , Paul Mcgowan , Helix Is Bank , Alliance News , Cyprus Holdings , Pacific Investment Management Co , Executive Panicos Nicolaou , All Rights , பால் மகோவெந் , ஹெலிக்ஸ் இருக்கிறது வங்கி , கூட்டணி செய்தி , சைப்ரஸ் ஹோல்டிங்ஸ் , பெஸிஃபிக் முதலீடு மேலாண்மை இணை , அனைத்தும் உரிமைகள் ,

Bank Of Cyprus Continues Sale Of Non Performing Loan Portfolios


Bank Of Cyprus Continues Sale Of Non Performing Loan Portfolios
Mon, 18th Jan 2021 10:34
(Alliance News) - Bank of Cyprus Holdings PLC said Monday it has agreed to offload a EUR545 million portfolio of non-performing loans as part of its Project Helix.
Project Helix is Bank of Cyprus s effort to sell off its non-performing loans.
The sale, to funds affiliated with Pacific Investment Management Co LLC, covers the lender s Helix 2 Portfolio B.
Portfolio A - covering EUR916 million in non-performing loans - was sold in August last year to Pacific.
Portfolio B had a contractual balance of EUR783 million and comprises about 16,000 loans, mainly to retail and SME clients, secured over about 4,000 real estate collaterals, Bank of Cyprus explained. ....

Panicos Nicolaou , Paul Mcgowan , Helix Is Bank , Alliance News , Cyprus Holdings , Pacific Investment Management Co , Executive Panicos Nicolaou , All Rights , பால் மகோவெந் , ஹெலிக்ஸ் இருக்கிறது வங்கி , கூட்டணி செய்தி , சைப்ரஸ் ஹோல்டிங்ஸ் , பெஸிஃபிக் முதலீடு மேலாண்மை இணை , அனைத்தும் உரிமைகள் ,