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Home2020July

Month: July 2020

Bain Capital acquires Hypo Alpe Adria in Italy
News

Bain Capital acquires Hypo Alpe Adria in Italy

23 July 2020 Editors

Why Bain Capital decided to buy a bank in Italy?

Intrum to launch a  EUR 500 million senior notes due 2025
News

Intrum to launch a EUR 500 million senior notes due 2025

23 July 2020 Editors

Why Intrum issued new debt notes?

Pimco, Elliot-Credito Fondiario, Cerved in short list for Galaxy project
Featured

Pimco, Elliot-Credito Fondiario, Cerved in short list for Galaxy project

23 July 2020 Konstantinos Papagrigoris

Who are the most likely contenders from those on the shortlist for the Galaxy project? Why Alpha Bank will attain full control of Cepal?

Intrum Q2  2020 profit falls to 126 million euros
News

Intrum Q2 2020 profit falls to 126 million euros

23 July 2020 Editors

Intrum, the biggest European debt collector reported today that ajusted operating profit shrank to c.126.61  million  euros (1.35 billion Swedish…

Pimco,Elliot-Credito Fondario, Cerved in the short list for Galaxy project
Featured

Pimco,Elliot-Credito Fondario, Cerved in the short list for Galaxy project

23 July 2020 Editors

Who are the most likely contenders from those on the shortlist for the Galaxy project? Why Alpha Bank will attain full control of Cepal?

OECD says that NPL reduction must be accelerated
News

OECD says that NPL reduction must be accelerated

22 July 2020 Editors

ken account of all the above, the OECD proposes that creating a single platform for the purchase and sale of NPLs would increase transparency and improve the process of price discovery, thus helping the development of a secondary market for NPLs.

Pimco  eyes Galaxy project, and ups Qualco stake in vote of confidence for Greek market
News

Pimco eyes Galaxy project, and ups Qualco stake in vote of confidence for Greek market

22 July 2020 Konstantinos Papagrigoris

Pimco, which holds 20 percent of Qualco, has decided to make its strategy in Greece more aggressive by acquiring a majority stake in the loan management company led by Orestis Tsakalotos.

Stournaras: It is necessary to set up an Asset Management Company for NPLs
News

Stournaras: It is necessary to set up an Asset Management Company for NPLs

22 July 2020 Christos Ziotis

Why Bank of Greece Governor, despite strong critics, insists on creating a bad bank for NPLs? Which are the next steps Bank of Greece is planning after it selected three top investment banks and consultants that will assist in all aspects of the AMC scheme?

White & Case Advises Alpha Bank on Disposal of “Neptune”
News

White & Case Advises Alpha Bank on Disposal of “Neptune”

21 July 2020 Editors

Global law firm White & Case LLP has advised Alpha Bank S.A. on a binding agreement with Poseidon Financial Investor…

EU leaders a deal on 750 billion euros recovery fund.
News

EU leaders a deal on 750 billion euros recovery fund.

21 July 2020 Editors

  EU leaders have struck a deal,  the early hours of Tuesday, after a  summit that lasted almost five days,…

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MOST READ

  • Hercules Securitisation Scheme: Which Servicers Are Delivering Faster Recoveries  10 June 2026
  • Supreme Court: The decision for the borrowers of Law 3869/2010 has been published 5 June 2026
  • From Call Centers to AI Agents: Redefining the Future of Financial Resolution 18 June 2026
  • Servicers: €205 Million in Loan Restructurings in a Single Month – doValue and Cepal Lead the Management of Non-Performing Loans 12 June 2026
  • Incentives for the staff from QUALCO 10 June 2026
  • New Reading of Supreme Court Ruling: Lower Impact on Servicers and Banks Than Initially Estimated 8 June 2026
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  • Athens Bets on Hedge Funds and Private Equity as Government Seeks to Build a Regional Investment Hub
  • From Call Centers to AI Agents: Redefining the Future of Financial Resolution
  • How the new platform for non-performing loans will change the market
  • Real Estate Agency: “Christofferson, Robb & Co., LLC” Named Provisional Contractor
  • An online platform for trading non-performing loans is coming, boosting the secondary market for NPLs
  • National Bank of Greece aims to put a stop to bankruptcies and takeovers of small and medium-sized hotels
  • Extension for the Swiss franc  
  • At the Supreme Court, the servicers for clarifications on the interest rates of the Katseli loans
  • Intrum credit rating upgraded by Moody’s following shareholder approval of capital raise
  • Out-of-Court Debt Settlement Mechanism: 65% Surge in Debt Restructurings – More Than 2,200 Agreements in May
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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