RED LOANS: According to urban legend, when one of the first non-performing loan portfolios, which had collateral, was sold, the buyer (private equity fund very active in the domestic market) made the following simple: “ scan “, with international law firms, large debtors and found bank accounts of tens of millions of dollars for one of them. in any court cases.
We do not know if the above applies, however, the real estate of the businessman was sold and the fund recovered claims of a few tens of millions of euros.
The reason to remember the above incident is the slow recovery process of the non-performing exposures, with the main responsibility being borne by P oligarchy and successive governments. On the contrary, banks and servicers bear the responsibility of the example.
For a number of years, we read in the secular columns for businessmen, who, while provides personal guarantees to over-indebted or bankrupt companies, “ stroll ” with boats on the Greek islands or fly for shopping and social events in cosmopolitan international destinations.
Obviously, the claims managers believe the answers given to them by the VIP drunks for… loan yachts and … sponsorships of third parties. Otherwise it is not explained that they have not managed, for a number of years, to make an example case . Even at the level of urban myth…
Finally, in the arrangements / settlements of debts, in order to save important properties that are put up for auction, we hear that the solution given by Andreas is worn a lot Papandreou in his riddle where did you go when he had to build the villa of Agrambeli.
repay, stating that they take a loan from friends as they themselves have no income…
Thus, they clear with the suspicions of “black” money…
DEH: The reasoning of the Board of Directors was posted on the corporate website. for AMK by abolishing the pre-emptive rights. The shareholders are called to authorize the Board. to decide the amount of AMK, as happened in the cases of banks.
If it receives the authorization, the BoD. can formally decide to issue up to 232 million shares .
Why the PPC leaves open the possibility of raising more funds , if the climate is favorable? Because part of the giant RES investment program may require a larger equity participation than the 20% required by banks, as it will not have a guaranteed price.
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