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
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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.