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Home2020June

Month: June 2020

Staikouras: BUSINESS 24.06.2020 :  Greek economy to contract by 16 pct in Q2
News

Staikouras: BUSINESS 24.06.2020 : Greek economy to contract by 16 pct in Q2

25 June 2020 Editors

Greece is expected to see its economy shrinking by 16 percent in the second quarter, mainly due to lower annual…

JP Morgan Greece head Papadopoulos decides on strong entry into NPE market
Featured

JP Morgan Greece head Papadopoulos decides on strong entry into NPE market

25 June 2020 Konstantinos Papagrigoris

Who is the man behind JP Morgan Greece that has picked up the pace for the U.S investment bank in the domestic market.

Fitch Ratings: Massive credit losses to hit European banks in Q2 and into 2021
Global

Fitch Ratings: Massive credit losses to hit European banks in Q2 and into 2021

24 June 2020 Editors

Bad loans are still a problem in many parts of Southern Europe, including Italy, Portugal, Greece and Cyprus, a long-lingering…

Fortress is close to Neptune.
News

Fortress is close to Neptune.

24 June 2020 Editors

   Alpha Bank and Fortress edge closer to deal over the sale of EUR 1.8bn secured-NPEs portfolio. Two sides are…

Selection of bad bank consultant by BoG in the final stretch
Featured

Selection of bad bank consultant by BoG in the final stretch

24 June 2020 Konstantinos Papagrigoris

Which companies have shown an interest in taking on the role of adviser to the BoG on the bad bank project?

PQH: Τwo hotels worth 6.67 million euros up for sale
Featured

PQH: Τwo hotels worth 6.67 million euros up for sale

23 June 2020 Editors

PQH speeds up the liquidation process on assets it manages to boost income.

PPC: Near agreement with JP Morgan for sale unpaid bills, Reuters
News

PPC: Near agreement with JP Morgan for sale unpaid bills, Reuters

23 June 2020 Editors

Public Power Corporation (PPC) is very close to an agreement for the sale bills worth about 300m euros to JP…

Kalantonis: doValue is a development hub in Greece, SE Europe
News

Kalantonis: doValue is a development hub in Greece, SE Europe

23 June 2020 Editors

Eurobank’s FPS is being renamed doValue Greece in the application of the 12/19/2019 Eurobank agreement with doValue, which included the…

Alantra group  is the leading consultant  in all  big NPEs projects
News

Alantra group is the leading consultant in all big NPEs projects

23 June 2020 Konstantinos Papagrigoris

The profile of Atlanta Group which takes on the consulting role in all the big NPEs projects in the Greek market.

Moody’s: Positive for Greek banks the transfer of NPEs to specialized companies
Featured

Moody’s: Positive for Greek banks the transfer of NPEs to specialized companies

23 June 2020 Editors

Ratings agency Moody’s has described as credit positive the fact that Greek banks have handed over more bad loans for management to specialized companies.

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MOST READ

  • Agreement between doValue, National Bank, and Eurobank for the return of housing loans 26 May 2025
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans 28 May 2025
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • New company by Piraeus Bank and Qualco 3 June 2025
  • Reductions in balances in the “Hercules” securitizations in Q1 2025 27 May 2025
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds 2 June 2025
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  • Resolution on issue of ordinary shares
  • The objections for the same auction are being grouped together
  • Cepal Hellas: Took over the management of loan portfolios worth 4.8 billion
  • On a portal, all the state housing programs
  • New company by Piraeus Bank and Qualco
  • Minimal interest in the servicers’ platforms
  • Extrajudicial: 20% increase in arrangements after legislative improvements
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds
  • BoG: New 6.8% rise in apartment prices
  • What Pierrakakis and servicers discussed: How 25,000 properties will be utilized
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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