After the completion of the 6 billion euro Frontier project by the National Bank (NBG), the next big deal that is expected in the Greek secondary NPL market is the Ariadne sale which is deemed as the new “gem of the crown”.
The management of NBG considers that the price is very satisfactory and beyond its expectations, confirming its strategic decision. The differences between the prices of the binding offers were very small.
Bain Capital has conducted with National Bank approximately 3.8 billion euros (73%) transactions in the NPL market from a total of 5.2 billion euros that the company has made in the Greek market. from 2017.