Cyprus housing finance body moves to sell €135 million NPL portfolio

The Housing Finance Corporation (HFC) has launched a tender for external advisory services to support the sale of a non-performing loan (NPL) portfolio estimated at around €135 million, a move its management says is essential to strengthen the organisation’s position within Cyprus’ financial system.
According to the tender documents, the contract is valued at €1.3 million and will run for 20 months....
This is a summary. Read the full article at Cyprus Mail.
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