June 2020 - NPL Confidential

Νational Bank launches investor contacts on Frontier project

30 June 2020 Konstantinos Papagrigoris

The bank has started approaching investors in summer on the securitization of the Frontier project with non-performing loans more than 6 billion euros.

Alpha Bank Says It Is Accelerating Project Galaxy Securitization

30 June 2020 Christos Ziotis

The bank announced today that is proceeding with the acquisition of full ownership of Cepal… * As part of project…

doValue urge borrowers to be up to date ahead of new law on home loan subsidies

30 June 2020 Konstantinos Papagrigoris

Why did doValue send a warning SMS to borrowers, including those that are up-to-date on payments? What is it concerned about?

PWC: NPEs between ΕU60-100 mil in the next 18 months on the Italian market

29 June 2020 Editors

According to its latest report on the Italian NPE market and the impact of Coronavirus, PWC forecasts new non-performing exposures…

Bank of Greece , the pandemic will significantly worsen NPL problem

29 June 2020 Editors

The coronavirus pandemic is expected to significantly worsen some of the legacy problems
(the high public debt, the high rate of unemployment, the high NPL ratio and the large
investment gap) from the debt crisis of the 2010s.

Deadline for non-binding bids on Galaxy pushed back to July 3

29 June 2020 Editors

Why did Alpha Bank give an extension on non binding bids for its Galaxy project?

Loan Servicers, banks put down on paper outstanding bankruptcy code issues

29 June 2020 Konstantinos Papagrigoris

What do banks and CSFs propose for the new bankruptcy code?

Credit growth accelerates at last…

29 June 2020 Christos N Konstas

The growth rate of the total credit extended to the economy accelerated in May, at +4.0% year on year versus…

Bankruptcy risk for “Varangis” arises

29 June 2020 Editors

What are the prospects for the heavily in debt firm after the Court of First Instance rejected its restructuring plan? What are next steps for Marios Kyriakou?