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Countdown for sale of non-performing loans begins – Auction details issued · Cyprus Report

Economy · Cyprus

Countdown for sale of non-performing loans begins – Auction details issued

1 sourceFirst reported 5 days agoUpdated 5 days ago

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The process has begun for the sale of the first portfolio of non-performing loans by the Housing Finance Corporation (HFC).
A tender has been announced for the appointment of a consultancy firm to manage the sale.
Experts will conduct the necessary assessments and support the process.
This move is part of broader efforts to address the issue of non-performing loans in the financial sector.
Details about the specific provisions and requirements of the tender have been outlined in the announcement.

Generated by AI from the 1 sources below · always verify with the originals

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Αντίστροφη μέτρηση για πώληση μη εξυπηρετούμενων δανείων – Οι πρόνοιες του διαγωνισμούPhilenews · 5 days ago

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AI summary: catch up in 20 seconds

The process has begun for the sale of the first portfolio of non-performing loans by the Housing Finance Corporation (HFC).
A tender has been announced for the appointment of a consultancy firm to manage the sale.
Experts will conduct the necessary assessments and support the process.
This move is part of broader efforts to address the issue of non-performing loans in the financial sector.
Details about the specific provisions and requirements of the tender have been outlined in the announcement.

Generated by AI from the 1 sources below · always verify with the originals