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Invitation for Expression of Interest to H.O. for Access to a Partnership with the... Tender

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HELLENIC DEVELOPMENT BANK SA has floated a tender for Invitation for Expression of Interest to H.O. for Access to a Partnership with the Purpose of Providing Co-Financed Mortgage Loans through the "My Home" Program. The project location is Greece and the tender is closing on 17 Mar 2024. The tender notice number is 163481-2023, while the TOT Ref Number is 80501867. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Procurement Summary

Country : Greece

Summary : Invitation for Expression of Interest to H.O. for Access to a Partnership with the Purpose of Providing Co-Financed Mortgage Loans through the "My Home" Program

Deadline : 17 Mar 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 80501867

Document Ref. No. : 163481-2023

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

This Public Invitation is addressed to Financial Organizations active in Greece, for joining a partnership with the aim of providing new co-financed loans with favorable terms to natural persons for the purchase of a first home in accordance with articles 3 and 4 of the. 5006/2022 through the "My Home" Program, managed by the Hellenic Development Bank SA.

The Program has been created with funds entirely from the Public Employment Service (PYPA).

For the implementation of the "My Home" Mortgage Loan program, the financial is formedinstrument as a distinct financial unit within the EBT, through which co-financed housing loans will be provided to individuals who will satisfy the income and other eligibility criteria. The total potential budget of the financial instrument of co-financed loansof private individuals amounts to

500 million. The resources of the program come from the Public Employment Service (D.YP.A. formerly OAED) which will pay up to the amount of € 375 million, which will be used to provide part of capital of the loans and in the amount of

125 million euros from the commercial onesbanks. Additionally, there will be an additional amount from DYPA to cover subsidized interest and management fees. The leverage that will come from the ExOs in relation to the contribution of the Program, will be the following:

Intermediate Financial Organization25%

PROGRAM75%

The Money...
Document Type : Buyer profile
Reference Number : 247739/13.3.2023
Contract Type : Services
66111000 - Central bank services
Authority Type : Utilities entity
Type of Procedure : Not applicable
Regulation : European Union
Bid Type : Not applicable
Doc Title : Central bank services
Dispatch Date : 2023-03-13
Publish Date : 2023-03-17
Submission Date : 2024-03-17