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Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank

30 October 2020 Comments Off

Banks will need to understand the risks faced and promptly intervene to restructure borrower positions. Servicers will need more robust real estate servicing and remarketing capabilities

The Greek economy and the role of factoring (8% of GDP)

29 October 2020 Comments Off

Greece – with the highest public debt among the EU member states, reaching €331,1 bn or 176,6% of the GDP…

Cocos do not block Piraeus securitizations

29 October 2020 Comments Off

Still, upcoming NPE securitisations (Vega and Phoenix) are set to shave 200bps off capital, while fully-loading B3 provisions (by 2024) will further erode CET1 (as of Q2 2020, 11.6% on a FL basis, including 480bps from CoCos, vs 14.1% on a transitional/phased-in basis).

George Zavvos: We address new reforms in the capital markets

20 May 2020 Comments Off on George Zavvos: We address new reforms in the capital markets

Hercules has been the boldest reform of the new government addressing in a systemic move the NPL problem, without using taxpayer money and relying on investors.
Andrea Enria: The current crisis is a wake-up call

13 May 2020 Comments Off on Andrea Enria: The current crisis is a wake-up call

DBRS Morningstar positive on Greece’s new financial reality

26 October 2020 Comments Off on DBRS Morningstar positive on Greece’s new financial reality

DBRS Morningstar changed the euro area risk category of the Hellenic Republic from MEDIUM to LOW. Despite the deterioration in…
Lagarde: We should guard against the premature withdrawal of monetary support

7 October 2020 Comments Off on Lagarde: We should guard against the premature withdrawal of monetary support

Global

Half of Europe’s Small Businesses may not survive within a year

22 October 2020 Comments Off

Half of Europe’s small businesses may not survive within a year.
What the McKinsey report says about the eurozone’s small businesses with 11% expected to file for bankruptcy within six months.

Greek banks contemplate a EU5 bln NPL increase

9 October 2020 Comments Off

What do the management teams of systemic banks see regarding the NPL legacy left behind by the crisis.

What is the Whaterwheel Capital that invested in Cairo Mezz

8 October 2020 Comments Off

Who is the new shareholder of Cairo Mezz that invested some 2 mln euros to buy a 6.76 pct stake in the company.

National Bank’s strategy on its bad debt portfolio

7 October 2020 Comments Off

Which strategy will the management of National Bank adopt to reduce problems loans.

EU is taking action against vulture funds

1 October 2020 Comments Off

A new Directive will establish that loan buyers must comply with consumer protection standards.

Zavvos: Hercules program will be extended if NPEs rise

1 October 2020 Comments Off

What was the initial reaction to the Bank of Greece plan for a bad bank. Why the government prefers to stick to the Hercules plan.

The deadline of for the “Bridge” program must be extended until the end of 2020.

28 September 2020 Comments Off on The deadline of for the “Bridge” program must be extended until the end of 2020.

Aikaterini Fragkaki, Lawyer- Barrister advocates on the extension of the program, giving relief to debtors hit by the crisis.
A. Enria: In the severe scenario up to €1.4 trillion of NPLs would be generated

25 September 2020 Comments Off on A. Enria: In the severe scenario up to €1.4 trillion of NPLs would be generated

Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank

30 October 2020 Comments Off on Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank

Banks will need to understand the risks faced and promptly intervene to restructure borrower positions. Servicers will need more robust real estate servicing and remarketing capabilities
Half of Europe’s Small Businesses may not survive within a year

22 October 2020 Comments Off on Half of Europe’s Small Businesses may not survive within a year

An.David’s FATSA is on sale

1 October 2020 Comments Off on An.David’s FATSA is on sale
Stegos seeks letter of guarantee

21 September 2020 Comments Off on Stegos seeks letter of guarantee
The auction of the legendary Etrusco, by Hector Botrini, is scheduled for Wednesday, September 30th.

16 September 2020 Comments Off on The auction of the legendary Etrusco, by Hector Botrini, is scheduled for Wednesday, September 30th.
Malamatina up for grabs

25 August 2020 Comments Off on Malamatina up for grabs
MLS. Going for a “battle” and a steep fine to the auditor

27 July 2020 Comments Off on MLS. Going for a “battle” and a steep fine to the auditor

Alpha Bank to receive binding bids on Galaxy project today

News

Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank

The Greek economy and the role of factoring (8% of GDP)

Cocos do not block Piraeus securitizations

Editorial

Why ECB backs the idea of a bad bank

Athens University: Sour debt from the pandemic seen at 9.3 bln euros

Commission will organize an NPL expert meeting on 5 October.

Pandemic spurs 6-7 bln euros of bad debt

Germany into recession in Q1 2020 as GDP falls 2.2%

Experts

A.Enria pushes for Pan-European bad bank

Banks: where they disagree on the bankruptcy code

JP Morgan Cazenove sees high returns from new wave of NPLs

Enria: dividend payment suspension will be reviewed in December

G.Kofinakos. The man who first restructured NPL bonds in Greece

Interviews

George Zavvos: We address new reforms in the capital markets

Analysis

DBRS Morningstar positive on Greece’s new financial reality

HIGHLIGHTS

Half of Europe’s Small Businesses may not survive within a year

Greek banks contemplate a EU5 bln NPL increase

What is the Whaterwheel Capital that invested in Cairo Mezz

National Bank’s strategy on its bad debt portfolio

EU is taking action against vulture funds

Zavvos: Hercules program will be extended if NPEs rise

People

The deadline of for the “Bridge” program must be extended until the end of 2020.

Global

Deloitte: NPLs in Italy will increase by €50 and €100bn. Crucial the role of the bad bank

Buzz Talk

VIDEO

D. Emvalomenos presentation at NPL Summit 2019

G. Pavlatos presentation at NPL Summit 2019

T. Panousis speech at NPL Summit 2019

Christos Staikouras addresses the key speech at NPL Summit 2019

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HIGHLIGHTS