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Home2020July

Month: July 2020

Alpha Bank: binding bids on Galaxy project expected soon
News

Alpha Bank: binding bids on Galaxy project expected soon

31 July 2020 Konstantinos Papagrigoris

In addressing the bank’s general shareholders’ meeting, Psaltis focused on the decisive reduction of non-performing exposures by making use of the bank’s high capital adequacy.

British fund M&G looks for buyer on Notos Com loans
News

British fund M&G looks for buyer on Notos Com loans

30 July 2020 Konstantinos Papagrigoris

According to market sources, M&G, a branch the Prudential insurance group, decided to sell the Greek company’s loans, and in fact just a few months after taking hold of them

ethosGROUP to present LiveOn digital conference and exhibitions platform
News

ethosGROUP to present LiveOn digital conference and exhibitions platform

29 July 2020 Editors

The ethosGROUP of companies will present online to journalists and media people on Thursday, July 30 (11:00 Athens time) the…

National Bank to send NDAs on Frontier project
News

National Bank to send NDAs on Frontier project

29 July 2020 Konstantinos Papagrigoris

NBG CEO Paul Mylonas has put into practice what he told shareholders during this year’s general meeting, where he announced his intention to start approaching investors in summer for the securitization of the Frontier project.

White&Case advises UniCredit on 155 million euros NPL sale
News

White&Case advises UniCredit on 155 million euros NPL sale

29 July 2020 Editors

Global law firm White & Case LLP has advised UniCredit’s Group Legal NPE Team and Group Distressed Asset Management Team…

KPMG NPL report sees increased level of activity in Greece
News

KPMG NPL report sees increased level of activity in Greece

29 July 2020 Christos Ziotis

In Europe, COVID-19 is slowing down non-performing loan portfolio sales. The first quarter of 2020 (with a total volume of…

Eurobank: distribution of mezzanine, senior bonds to shareholders moves ahead
News

Eurobank: distribution of mezzanine, senior bonds to shareholders moves ahead

29 July 2020 Konstantinos Papagrigoris

In the coming weeks, the bank, after the relevant approval from the general assembly, will distribute part of the mezzanine and senior bonds to shareholders and shares of the company Cairo Mezz Plc, which will be listed on the Athens bourse’s Alternative Market

Intrum to take over SVEA portfolio in Hungary
News

Intrum to take over SVEA portfolio in Hungary

28 July 2020 Editors

Intrum announced that it will be taking over the management of the HUF 19 billion debt portfolio of Swedish peer…

Credit flows positive (+6%) in the Greek Economy
Finance

Credit flows positive (+6%) in the Greek Economy

28 July 2020 Christos N Konstas

Bank of Greece announced that the growth rate of total credit extended to the domestic economy (including the general government)…

Platform for 300,000 mortgage loans affected by coronavirus opens Aug 3
News

Platform for 300,000 mortgage loans affected by coronavirus opens Aug 3

28 July 2020 Konstantinos Papagrigoris

Βank officials estimate that more than 300,000 home loans will be included in the bridge program, of which 200,000 are up to date loans and the remaining 100,000 are non-performing and denounced loans.

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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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