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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

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Auction Auctions of non-performing loans worth 3 billion euros are coming up 22 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Alpha Bank Completes Project Athena – €200 Million NPL Portfolio Transferred to Fortress 28 September 2026
  • Intrum to co-invest and become servicer to Nordic NPL portfolio 18 September 2026
  • Bracebridge Capital Invests in NPLs and Real Estate 22 September 2026
News Tags Comments
  • What Do the Government’s Measures for Servicers Entail?
  • Servicers see “gray areas” in Pierrakakis’s new measures
  • Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances
  • Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000
  • SYRIZA Also Weighs In on the Private Debt Issue
  • Swiss Franc: 15,000 Loans Converted to Euros – “Haircut” of Up to 50% and Fixed Interest Rate of Up to 2.9%
  • European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn
  • Project Athena and the Development of the Loan Market
  • Non-performing loans: Rules for debt restructuring are being rewritten
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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