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Home2020March

Month: March 2020

IMF is ready to pump 1 trillion USD
Global

IMF is ready to pump 1 trillion USD

17 March 2020 user 02

The International Monetary Fund (IMF)  is ready to mobilize its $1 trillion lending capacity to help nations counter the coronavirus…

DBRS: Concerns rise for delays to Greek bank loan securitizations due to coronavirus
Featured

DBRS: Concerns rise for delays to Greek bank loan securitizations due to coronavirus

17 March 2020 Konstantinos Papagrigoris

Credit rating agency DBRS has raised concerns about significant delays to loan securitizations announced by Greek banks due to the…

At 23.5 billion euros NPLs serviced by Credit Servicing Firms in 2019
Analysis

At 23.5 billion euros NPLs serviced by Credit Servicing Firms in 2019

16 March 2020 Christos Ziotis

Ιn the fourth quarter of 2019, the nominal value of loans of domestic residents serviced by domestic  Credit Servicing Firms CSFs…

Government is considering  further action to contain NPLs
Featured

Government is considering further action to contain NPLs

16 March 2020 Christos Ziotis

Greek Government and Banks are making coordinated efforts to contain an outburst in Non Performing Loans. (NPLs).  Bankers and Servicers…

Cairo Project remains on Track
Highlights

Cairo Project remains on Track

15 March 2020 Christos Ziotis

SSM guided for 25 RWA on senior tranche under Hercules protection scheme. Cairo project relates to the secularization  7.5 bn…

Prodea Sells Properties in Italy
Buzz Talk

Prodea Sells Properties in Italy

13 March 2020 Athina Korlira

Prodea, going against the coronavirus pandemic uncertainty, is ready to sell its property in Italy.  It is very possible that…

NPL  reduction targets change in Greece due to coronavirus
Featured

NPL reduction targets change in Greece due to coronavirus

13 March 2020 Konstantinos Papagrigoris

The significant impact the coronavirus is believed to be having on the Greek economy has led the Single Supervisory Mechanism…

Bain Capital is the buyer of ICON
News

Bain Capital is the buyer of ICON

12 March 2020 Christos Ziotis

Bain Capital will acquire the National Bank’s ICON Project next week, if nothing unexpected comes up, according to sources. It…

Concerns rise among banks. loans servicers over fresh spike in bad loans
Featured

Concerns rise among banks. loans servicers over fresh spike in bad loans

12 March 2020 Konstantinos Papagrigoris

Updated 2.   The slowdown in the Greek economy caused by the coronavirus has triggered growing concerns among banks and…

Intrum expects a delay on cash flow in  Italy
Highlights

Intrum expects a delay on cash flow in Italy

11 March 2020 Christos Ziotis

Intrum, the  Swedish debt collector, announced yesterday  that anticipates  delay on cash flow in Italy. In light of the Italian…

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