Politis

Cerberus to Acquire NPL Portfolio from Alpha Bank Cyprus

Published January 23, 2026, 11:19
Cerberus to Acquire NPL Portfolio from Alpha Bank Cyprus

Cerberus Capital Management L.P., through Delta Credit Purchaser Limited, is set to acquire a portfolio of non-performing loans (NPLs) and related collateral from Alpha Bank Cyprus. The concentration notification has been submitted to the Competition Protection Service. Cerberus is a US-based investment firm active in real and personal property. Delta Credit Purchaser Limited is a Cypriot company founded by Promontoria Holding 458 B.V., which is affiliated with Cerberus. The portfolio to be acquired includes loans that were granted to commercial and retail borrowers. This acquisition is part of Alpha Bank's efforts to reduce its NPLs.