31
Sat, Jul
44 New Articles

Dracopoulos and Vassalakis Advises Quant on NPL Servicing Agreement with Pancreta Bank

Dracopoulos and Vassalakis Advises Quant on NPL Servicing Agreement with Pancreta Bank

Greece
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Dracopoulos and Vassalakis has advised Quant on its entrance into a long-term servicing agreement with the Pancreta Bank for a EUR 670 million non-performing corporate and SME loan portfolio.

According to the firm, the loans are secured by real estate located mainly in Crete, Greece.

Quant, a part of the Qualco Group, is a Greek independent loan and credit claims servicing company, with more than EUR 12 billion in assets under management.

Dracopoulos and Vassalakis did not reply to an inquiry about the deal.