Eight to ten companies are expected to file applications for licenses to assume the management of non-performing loans (NPLs) in the country, as soon as the process is clarified by the Bank of Greece.
The BoG is expected to issue circular clarifying the conditions governing the specific market, a more-or-less groundbreaking development in Greece.
According to information collected by “Naftemporiki”, a relevant decision is expected at the end of the month by the BoG governor, with the relevant applications by interested parties due by the end of March.
A final number of applicants will emerge once the framework is announced.
