PQH Single Special Liquidation Limited Company, Special Liquidator of Credit Institutions (hereinafter “PQH”), based in Marousi Attica (Gravias 3 and Granikou) in its capacity as special liquidator of the following credit institutions under special liquidation (hereinafter “Credit HSE Institutions”)
- Agricultural Bank of Greece S.A. under special liquidation
- Postal Savings Bank of Greece S.A. under special liquidation
- PROBANK SA Bank under special liquidation
- FBB – First Business Bank S.A. under special liquidation
- PROTON Bank SA under special liquidation
- Panhellenic Bank SA under special liquidation
- Achaic Cooperative Bank Syn.P.E. under special liquidation
- Cooperative Bank of Dodecanese Syn.P.E. under special liquidation
- Cooperative Bank of Lamia Syn.P.E. under special liquidation
- Cooperative Bank of Evia S.P.E. under special liquidation
- Cooperative Bank of Western Macedonia Syn.P.E. under special liquidation
- Cooperative Bank of Peloponnese Syn.P.E. under special liquidation
- Cooperative Bank of Lesvos – Limnos Syn.P.E. under special liquidation
announces that it has announced three international tenders for the transfer of claims from the following portfolios of non-performing and performing loans (hereinafter jointly the “Portfolios” and each “Portfolio”):
(a) Alphabet Portfolio of Secured Retail Loans, consisting of mortgage receivables secured for the most part by real estate collateral, to be divested pursuant to Law 3156/2003 on securitization of receivables, as applicable.
(b) Alphabet Secured Business Loan Portfolio, consisting of business loan receivables secured for the most part by collateral on properties to be sold in accordance with Law 3156/2003 on securitization of receivables,
(c) Alphabet Unsecured or Subprime Loan Portfolio, consisting of loan receivables (business and retail banking) mostly unsecured or subprime, to be divested pursuant to Law 4354/2015, as applicable.
The above loans were granted by the above-mentioned YEE Credit Institutions (hereinafter jointly the “Requirements“). The relevant procedures are expected to be completed within the year 2024. The intended transfer of the Claims does not affect the position of the debtors or other involved persons, nor the terms of repayment of the relevant debts.
In the context of the transfer of the Claims, the personal data of the debtors and guarantors as well as those of other natural persons, connected to the Claims in any capacity (e.g. of third parties who provided collateral, special or universal successors, attorneys-at-law, representatives, third parties in whose hands a seizure may be imposed or against whom a right of set-off may be asserted, members of management of legal entities, etc.) will be forwarded, with regard to the Alphabet Secured Retail Loans and Alphabet Secured Business Loans Portfolios based on article 10 par. 21 of Law 3156/2003 and with regard to the Alphabet Portfolio of Unsecured or Low Secured Loans based on Article 3 of Law 4354/2015, by the YEE Credit Institutions, as represented by their special liquidator, PQH, in each specialist company purpose that will acquire the Receivables from the Alphabet Secured Retail Loan and Alphabet Secured Business Loan Portfolios and to the loan and credit acquisition company that will acquire the Receivables from the Alphabet Unsecured or Subprime Loan Portfolio, as well as the loan receivables management companies and credits of Law 4354/2015, to which the respective acquirer will be assigned the management of Receivables per Portfolio.
After the signing of the relevant contract for the sale of the Receivables per Portfolio, the debtors and guarantors of the Receivables will be informed in more detail with a personalized notification that will be sent by post to their available addresses, while the other aforementioned persons will be informed through relevant announcements in the printed and electronic press, as well as on the PQH website.
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.