Cepal receives a licence from the CBG’s CAC
Cepal has received its operating license from the Credit and Insurance Committee (CAC) of the Bank of Greece (BoG). A long-standing pioneer in the receivables management industry, already since 2016 when Cepal first received its operating license, our Company is the first in the industry to be granted a license by the BoG under […]
Hermes Portfolio Agreement
Following relevant agreements between Alpha Bank, Fortress and Davidson Kempner Capital Management, Cepal will retain the servicing of Euro 600 mn exposures of the Project Hermes portfolio which includes loans originated by Alpha Bank to Large Corporates and Small and Medium-Sized Businesses. The assignment of servicing to Cepal confirms our leading role in the market […]
Pioneering transaction in the Greek Banking System
Cepal has successfully completed the first sale in the secondary market of a 30mn euro corporate and SME reperforming loan portfolio, purchased by Optima Bank (Project Rebound). The Rebound transaction makes Cepal a pioneer in servicing management and finding mutually beneficial solutions for clients and debtors. It further paves the way for corporate and SME […]
Successful portfolio integration
Cepal has successfully completed the data migration of the Light Portfolio, which consists of receivables mainly from consumer loans totaling 0.4 billion euro. The portfolio was sold to Hoist Finance by Alpha Bank. The transaction verifies Cepal’s leading position in the Greek market and increases the number of portfolios we service.
Signing of CEPAL Collective Working Agreement
CEPAL Hellas and the respective Employee Association, signed a two-year Collective Working Agreement. The agreement is fully in line with the standards of the modern working environment, but also with the values of CEPAL Hellas and focuses on the continuous improvement of everyday working life, equal opportunities and means of developing the skills of employees. […]
