• 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

It announces that it has agreed to carry out the following transfers of claims:

1. In the transfer of receivables of non-performing and performing loans (business and retail banking) mostly unsecured or with low collateral (Alphabet Portfolio of Unsecured or Low Collateral Loans), which had been granted by the above YEE Credit Institutions (hereinafter the “Alphabet Unsecured or Subprime Loan Portfolio Requirements“), according to Law 5072/2023, which is expected to be completed within the year 2024.

The Alphabet Unsecured or Subprime Loan Portfolio Claims will be transferred to the company named EUCLID FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY, which is based in Ireland under company registration number 763761 and is a credit buyer under the provisions of Law 5072/2023.

2. In the transfer of receivables of non-performing and serviced mainly housing loans, secured for the most part by real estate collateral (Alphabet Portfolio of Secured Retail Loans) that had been granted by the above YEE Credit Institutions (hereinafter the “Alphabet Retail Secured Loan Portfolio Requirements“), according to N. 3156/2003, which is expected to be completed within the year 2025.

The Alphabet Retail Secured Loan Portfolio Claims will be transferred to the special purpose company named EUDOXUS ISSUER DESIGNATED ACTIVITY COMPANY, which is based in Ireland under company registration number 767381 and is a special purpose company according to the provisions of Law 3156/2003.

3. In the transfer of receivables of non-performing and mainly performing business loans, secured for the most part by real estate collateral (Alphabet Portfolio of Secured Business Loans) that had been granted by the above YEE Credit Institutions (hereinafter the “Alphabet Secured Business Loan Portfolio Requirements“), according to N. 3156/2003, which is expected to be completed within the year 2025.

The Alphabet Secured Business Loan Portfolio Claims will be transferred to the special purpose company by the name of DYSART FINANCE I DESIGNATED ACTIVITY COMPANY, which is based in Ireland under company registration number 764665 and is a special purpose company under the provisions of Law 3156/2003.

The above-mentioned transfers of the Alphabet Unsecured or Subsecured Loan Portfolio Receivables, the Alphabet Secured Retail Loan Portfolio and the Alphabet Secured Business Loan Portfolio (hereinafter collectively referred to as the “Receivables”) to the companies EUCLID FINANCIAL INVESTOR DESIGNATED ACTIVITY COMPANY, EUDOXUS ISSUER DESIGNATED ACTIVITY COMPANY and DYSART FINANCE I DESIGNATED ACTIVITY COMPANY respectively (hereinafter collectively referred to as “Acquiring Companies») do 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 above transfers, the personal data of the debtors and guarantors (who also receive personalized information at their available addresses), as well as those of other natural persons, connected to the Claims in any capacity, (e.g. guarantors, providers collateral, special or universal successors, attorneys-at-law, defendants, third parties in whose hands 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, based on article 21 and 32 of Law 5072/2023 regarding the Alphabet Portfolio of Unsecured or Low Secured Loans and based on article 10 par. 21 of Law 3156/2003 regarding the Portfolios of Alphabet Secured Retail Loans and Alphabet Secured Business Loans, from the YEE Credit Institutions, such as are represented by their special liquidator, PQH, to the Acquiring Companies.

In addition, for the purpose of managing the Claims in the context of their transfer to the Acquiring Companies, the above personal data related to them will also be transmitted to the credit management companies which will undertake the management of the said Claims by virtue of a relevant subsequent assignment from the Acquiring Companies, based on the provisions of Law 5072/2023 and/or Law 3156/2003, on a case-by-case basis (hereinafter “Administrators“).

Interested parties can be informed in detail about the processing of personal data carried out by YEE Credit Institutions, Administrators and Acquiring Companies, as well as about the rights of data subjects deriving from the General Regulation (EU) on the Data Protection 679/2016 and Greek legislation, as well as for the exercise of these rights by referring to the respective personal data protection policies:

  • of PQH on its website
  • of the Acquiring Companies
  • of the Administrators to whom the management of the Claims will be assigned.