The portfolio acquired by the bank comprises four hotel units in Crete, Santorini and Kos.
After the necessary restructuring process of these business loans, they return informed to the banking system through Optima bank, with the aim that these businesses have access to financing and above all to restart from a sound basis the implementation of their business plans in the tourism market.
Optima bank has already adopted a comprehensive strategy to support businesses that, although they were in a difficult financial position in the past, have taken care of and successfully completed their recovery process and are returning to the financial market. In fact, last January the bank completed the first transaction in Greece to purchase Cepal's €30 million loan portfolio, which also returned to the banking system via the secondary market.
Mr. Paris Oikonomou, Head of Wholesale Banking at Optima bank said in this regard: "At Optima bank we believe that businesses that have overcome past problems and come back healthy on a growth path, deserve the necessary support and access to the banking market. As Optima bank , in the context of the continuous strengthening of businesses and our belief in the potential of Greek business, we provide specialized financial solutions that meet the unique needs of each business, for the benefit of employees, the market and the wider economy".
