APS Debt Servicing
APS Holding has 15 years of presence in the market in 11 countries in Europe and 1 in Asia with 78 portfolios under advisory with assets of €53 bn in nominal value.
In July 2017, APS Holding a.s. (APS), acquired the non-performing loan and real estate management business from Hellenic Bank Public Company Ltd (“Bank” or “Group”). The newly established entity that acquired the business, APS Debt Servicing Cyprus Ltd (“APS CY”) manages the Bank’s non-performing loans and real estate assets. For this purpose a new company was established in which the Bank has (49%) of shares, whereas APS owns the majority of shares (51%).
Real Estate Division (“RED”) is a dedicated department of APS CY established to handle Real Estate Owned (“REOs”) of the Bank and/or by 100% subsidiary companies of the Bank. The Bank’s portfolio consists of a vast variety of assets from several categories across Cyprus and Greece. During this process, RED’s property experts are available to provide their expertise and assist clients and prospective buyers.