September 11, 2020

Greek banking officials braced for c.€10bn new COVID-19 era NPLs.

“Investors need to see that recoverability and resolution for assets is still there post-COVID,” said Tassos Kotzanastassis, Managing Director, 8G Capital Partners Ltd. “I expect to see more contingent pricing for portfolios, linked to resolution and success which hinges on capacity, timeframes and of course the value and liquidity of the underlying assets.”

Many thanks to  from CapitalStructure Limited / Fitch Solutions for the write up, quoting the MD of 8GCP and Iannis Mourmouras, the vice governor of the Bank of Greece

For the full article, please click here.