Brief: Attica Bank Successfully Completes A Synthetic Securitization Of A C. EUR 220.0 Million Portfolio (Project Perseus)

CrediaBank

12/12/2024 08:12

Dec 12 (Reuters) - Attica Bank SA  BOAr.AT :
    * SUCCESSFULLY COMPLETES A SYNTHETIC SECURITIZATION OF A C.
EUR
220.0 MILLION PERFORMING SME AND LARGE CORPORATE PORTFOLIO
(PROJECT PERSEUS)
    * ATTICA BANK SAYS THROUGH THE TRANSACTION IT EXPECTS TO
REDUCE
ITS RISK WEIGHTED ASSETS BY C. EUR 150.0 MILLION AND ENHANCE ITS
CAPITAL POSITION BY 50BPS
    * ATTICA BANK SAYS THE TRANSACTION IS THE FIRST DIRECT
CREDIT
LINKED NOTES “SYNTHETIC SECURITISATION” IN THE GREEK MARKET


Further company coverage:  BOAr.AT 

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