Cepal has been appointed to service two new portfolios of residential mortgage and consumer loans with a combined outstanding balance exceeding €130 million, on behalf of CrediaBank and Davidson Kempner.
The portfolio assigned by CrediaBank consists of performing residential mortgage loans with a book value of approximately €80 million, while the Davidson Kempner portfolio comprises re-performing and non-performing residential mortgage and consumer loans with an outstanding balance exceeding €50 million.
This new mandate further strengthens our position in the Greek credit servicing market, reaffirming our ability to effectively manage both performing and non-performing portfolios.
The assignment marks the beginning of our collaboration with CrediaBank, and we thank Davidson Kempner for its continued trust and confidence in Cepal.
We remain committed to investing in technology, our people and innovative solutions, laying the foundations for Cepal’s next chapter of growth. At the same time, the pending acquisition of UCI Greece Loan Management Services is expected to further enhance our capabilities and support our long-term growth strategy.