Greek shipping lender Eurobank has received offers for portfolios worth EUR 9.5bn ($10.7bn) as it continues to restructure.
It said sales have been provisionally arranged for a EUR 2bn securitisation of residential mortgage non-performing exposures (NPEs), code name Pillar, and for the first multi-asset- class NPE securitisation of EUR 7.5bn, known as Cairo.
It will also sell a majority stake in its NPE loan servicing company FPS.
