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Home2020March

Month: March 2020

Development Minister backs down on debt collectors
News

Development Minister backs down on debt collectors

23 March 2020 Christos Ziotis

  In less than 24 hours, there has been a turnaround regarding the issue of debt collection companies and whether…

At 8 bn. euros the stock of NPLs sold to funds in 2019
Featured

At 8 bn. euros the stock of NPLs sold to funds in 2019

20 March 2020 Christos Ziotis

NPL rate still high at 40,3%. ***In total  NPLs of 10.06 bill.euros are under legal protection. ***
29.7% of mortgages NPLs are now under a legal protection scheme.

Loan servicers to freeze repayments for three months
Featured

Loan servicers to freeze repayments for three months

19 March 2020 Christos Ziotis

Servicers are taking initiatives to help those who qualify for an 800 euro state aid.

Greek Government will adopt additional measures up to 10% of GDP
Editorial

Greek Government will adopt additional measures up to 10% of GDP

19 March 2020 Christos Ziotis

Greece will inject 10 billion euros or 10% of GDP  in the economy . New package to business and workers.…

Alex Patelis: This is how the Greek Goverment deals with the CoViD-19 crisis
Experts

Alex Patelis: This is how the Greek Goverment deals with the CoViD-19 crisis

19 March 2020 Christos N Konstas

1. The first case of Coronavirus in Greece registered on 26 February. From the onset, the Prime Minister believed in…

Loan servicers help out in battle against coronavirus
Featured

Loan servicers help out in battle against coronavirus

19 March 2020 Konstantinos Papagrigoris

After the Greek government and banks announced the first measures to support businesses, loan servicing companies are coming out to…

Why Greece’s Aid  package is inadequate
Editorial

Why Greece’s Aid package is inadequate

18 March 2020 Christos Ziotis

  Greek Aid Package of 3.8 bn.euros vs Portuguese of 9.2 bn.euros. Greek Government announced today a 3.8 b.euros package…

SM  agrees to zero risk-weighting for state-guaranteed retained senior tranches
Featured

SM  agrees to zero risk-weighting for state-guaranteed retained senior tranches

18 March 2020 Christos Ziotis

   Positive development for Banks Implies a smaller hit on their CET1 capital According to  sources Greek banks have been…

Intrum Hellas supports borrowers
Highlights

Intrum Hellas supports borrowers

17 March 2020 Athina Korlira

Intrum Hellas, the largest Non-Performing Loan servicer in Greece, along with Piraeus Bank, are implementing  a special plan, in order…

Eurobank changes NPL reduction plan
News

Eurobank changes NPL reduction plan

17 March 2020 Konstantinos Papagrigoris

  Lender adds securitization and loan sale for 2021 to lower its NPE ratio to 7 percent. What forced a…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue doValue Greece Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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