BUSINESS

National Bank sells non-performing corporate loans

TAGS: Banking

Greece's National Bank (NBG) has concluded the sale of non-performing corporate loans with A total principal amount of about 900 million euros ($991.98 million) to Symbol Investment NPLCO DAC, it said on Monday.

The bank said it sold the loans for about 28 percent of their principal amount.

Morgan Stanley advised National Bank on the sale.

[Reuters]

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