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Next Previous What SYPRODAT and Greek said at their meeting HOME • INSIDER • CYPRUS • What SYPRODAT and Greek said at their meeting
The issue of divestitures, restructuring and the removal of over-indebtedness that usually leads to debt sustainability of borrowers was discussed in the meeting that the Director of SYPRODAT Jenny Papacharalambous had with the Head of the Individual Bank Unit (Bank Section) Assioti.
As SYROPODAT informs in a press release, Mr. Assiotis stated that the sales, especially of the main residence and other properties, are not an end in themselves of the Hellenic Bank and that in such cases although The relevant letters can be sent, efforts are made for a sustainable restructuring/settlement to all the borrowers./p>
The meeting was held in a friendly and constructive atmosphere and it was agreed to maintain constant and close communication with in order to resolve any problems that arise between Hellenic Bank and the Borrowers during the handling of Non-performing Loans.
