CrediaBank acquires re-performing mortgage loan portfolio with gross book value of €37.4 million

• CrediaBank announced completion of its Jewel portfolio acquisition on Nov. 3, 2026, with a gross book value of approximately €37.4 million.
• The primarily residential mortgage portfolio marks Greece’s first transfer of re-performing residential mortgage loans directly to a bank.
• The loans came from Hercules securitizations, having returned from non-performing to performing status under European Banking Authority criteria.
• The acquisition is expected to bring more than 800 new individual customers, strengthening the bank’s retail banking business.
• Cepal will continue servicing the portfolio during a transition period before the bank takes over customer relationships and servicing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CrediaBank SA published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.