B2Kapital Gets Cyprus Central Bank Permission to Buy NPLs

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The Central Bank of Cyprus granted B2Kapital, a subsidiary of Norway’s B2Holding Group, license which allows it to operate as a credit acquiring company, under the Sale of Credit Facilities and Related Matters Law of 2015.

B2Holding employees 2,400 “experts” in 23 countries in Europe, and is listed on the Oslo Stock Exchange, is “one of the top 10 debt buyers and portfolio managers” in the European market of non-performing loans.