The latest plan includes a direct subsidy to struggling borrowers who could benefit from restructured repayments partially guaranteed by the state
Total consideration amounts to €57.3 million
"The outlook for ratings is stable, reflecting our view that the risks to the creditworthiness of the banks are balanced"
The borrowers will not be given the chance to buy their loans first for the same price, as it happened in Cyprus
Statements made at the FT Investment Management Summit in London
Targeting of top outbound dealmakers raises concerns about market turmoil
Non-performing loans and financing methods are among the issues to be discussed