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Home2020July

Month: July 2020

ECB presses E.U leaders to agree on the Recovery Fund
News

ECB presses E.U leaders to agree on the Recovery Fund

16 July 2020 Editors

ECB policymakers keep up pressure on European Union leaders to finally agree on long-delayed fiscal support, through the set up…

Bank of Greece sees an increase in bad loans in near future, making reduction an immediate priority
News

Bank of Greece sees an increase in bad loans in near future, making reduction an immediate priority

16 July 2020 Editors

How the central bank sees NPLs evolving in its latest Financial Stability Report. Why it insists on the creation of a bad bank.

Creditors scan over Hercules scheme
News

Creditors scan over Hercules scheme

16 July 2020 Konstantinos Papagrigoris

Ηοw creditors evaluate the Hellenic APS. What information has been provided by the Ministry of Finance and what is expected in next Enhanced Surveillance Report.

Santander, Sabadell and CaixaBank to sell 4.4 bln euros of NPLs
Global

Santander, Sabadell and CaixaBank to sell 4.4 bln euros of NPLs

15 July 2020 Editors

The three financial institutions reactivate the market for the sale of toxic assets after the coronavirus lockdown. The financial institutions…

Lending survey Q2 2020, credit standards remain unchanged
News

Lending survey Q2 2020, credit standards remain unchanged

15 July 2020 Editors

The factor which affected the demand for consumer loans in the second quarter of 2020 was the declining consumer confidence.

Loan servicers: More than 67,000 loans restructured totaling 2.5 bln euros in 12 months
Featured

Loan servicers: More than 67,000 loans restructured totaling 2.5 bln euros in 12 months

15 July 2020 Konstantinos Papagrigoris

From the start of the pandemic, the association’s members responded to the new economic and social conditions. In cooperation with authorities, they adapted their activities by providing conveniences to borrowers who were affected by the spread of Covid-19 and the measures taken to deal with it.

Vote of confidence in Greece from Intrum with new multinational call center
Featured

Vote of confidence in Greece from Intrum with new multinational call center

14 July 2020 Konstantinos Papagrigoris

What does the decision to create three international call centers in Greece mark?

NPL market restarts in Italy and Greece after COVID-19 freeze – Debtwire European NPLs 1H20 Report
News

NPL market restarts in Italy and Greece after COVID-19 freeze – Debtwire European NPLs 1H20 Report

13 July 2020 Editors

What the latest report on Greece’s NPLs markets says.

The Cairo Mezz evaluation by Deloitte
News

The Cairo Mezz evaluation by Deloitte

13 July 2020 Editors

   We present the  Cairo Mezz valuation by Deloitte. The auditor has evaluate Cairo Mezz at at EUR57.5m, very close…

With a BB credit rating from Fitch, doValue climbs to the top of the field
News

With a BB credit rating from Fitch, doValue climbs to the top of the field

13 July 2020 Editors

Why did Fitch and S&P assign the rating to doValue after FPS purchase, what the report says.

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MOST READ

  • Credia: Agreement with UCI for the acquisition of a portfolio of serviced mortgages 5 November 2025
  • Cepal manages Piraeus Bank’s Imola project 29 October 2025
  • Alarm bells ringing for restructured loans that are “turning red” again  29 October 2025
  • Karavias: renegotiation with Do Value regarding NPL management fees 31 October 2025
  • A property belonging to the Malamatina family in Mykonos has been sold 31 October 2025
  • Working Meeting by the Hellenic Loan Servicers Association 5 November 2025
News Tags Comments
  • Alpha Bank: Additional provisions for the Gaia, Athena, and Solar projects
  • Record number of new out-of-court settlements in October
  • Alumil: Ends cooperation with servicers – Loans exclusively with banks
  • Why banks are renegotiating servicers’ fees
  • Working Meeting by the Hellenic Loan Servicers Association
  • Credia: Agreement with UCI for the acquisition of a portfolio of serviced mortgages
  • Alpha Bank: Toward a double deal with the purchase of 5 properties by Karpathios and Dromeus Capital
  • Qualco: New partnership in the French market with France Contentieux
  • Suspension of auctions for 12 months for those affected by the fires of summer 2025
  • Eurobank’s NPEs remain stable
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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