News

Vivartia take it or leave it offer

With a unanimous decision, the MIG Board of Directors reportedly signed a Stock Purchase Agreement (SPA) with the fund CVC on Vivartia for 175 million euros. The buyer will also take on all Vivartia loans, amounting to 425 million euros.

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Alpha Bank’s new NPEs at 1 bln euros

The management of Alpha Bank has estimated new non-performing loans arising after the lifting of the moratorium at the end of the year to be at one billion euros. The Arrears Ratio (NPLs) in Greece is expected to reach 13% of the total loan portfolio, while the Non-performing Exposure Ratio (NPEs) will decrease to 24% from 43% at the end of the nine months