The Cyprus Housing Finance Corporation (HFC) is set to proceed with the sale of non-performing loans (NPLs) worth €57 million from its total portfolio of €270 million , according to statements made before the House Finance Committee on Monday.
The announcement was made by HFC director general Christoforos Kaplanis during discussions on the organisation’s 2025 budget.
Speaking during a meeting of the committee, he clarified that the loans to be
