B2Holding acquires unsecured NPL portfolio in Cyprus for new partnership with Waterfall Asset Management
During the first week of January 2020, the B2Holding Group signed an agreement with Bank of Cyprus Public Company Ltd. for the acquisition of an unsecured non-performing loan portfolio. The portfolio with a Face Value of EUR 400mlncomprises of a mix of loan products issued to individuals and small businesses. At final completion the acquired portfolio will be held jointly between Waterfall and B2 Holding. The entire portfolio will be serviced by the local subsidiary B2Kapital Cyprus. “B2 Holding is proud to announce the acquisition of this portfolio in Cyprus as well...