The process of re-licensing DoValue Greece as a credit manager by the Bank of Greece was completed today.

The Bank of Greece reviewed both the initial application and certain additional information requested in the final phase of the file review and approved the granting of the license. 

As is known, in order to process the review of the additional elements, the BoE extended the validity of doValue's current license until October 31, but very few working days were required to complete the relevant procedure by that date.

As the process of re-licensing credit management companies confirmed, the industry has been and remains one of the most strictly supervised, operating under a highly detailed and restrictive institutional framework, and under the constant control of the relevant departments of the BoE, which ensures transparency and compliance with all legislative and regulatory provisions relating to it.