July 2020 - Page 5 of 9 - NPL Confidential

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

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

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

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

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

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.