Greece: Piraeus Bank enters into strategic alliance with Intrum for the management of €28bil NPEs & REOs

Greece: Piraeus Bank enters into strategic alliance with Intrum for the management of €28bil NPEs & REOs On June 3rd, Piraeus Bank S.A. announced a strategic partnership with the Swedish credit management services provider, Intrum for the management of about €27bil Non Performing Exposures (NPEs) and about €1bil Real Estate Owned Assets (REOs), both currently…