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Home2020August

Month: August 2020

Eurobank and National Bank appoint Axia Venture to sell Vivartia loans
News

Eurobank and National Bank appoint Axia Venture to sell Vivartia loans

31 August 2020 Konstantinos Papagrigoris

According to sources, the two banks are one step before the launch of a tender for the sale of their loans to Vivartia and have assigned the relevant mandate to Axia Ventures.

Loss from Galaxy less than expected, says Alpha Bank
News

Loss from Galaxy less than expected, says Alpha Bank

28 August 2020 Konstantinos Papagrigoris

Why did analysts have a positive surprise regarding the course of the Galaxy project?

Alpha Bank will complete Calaxy and Cepal sale before year end
News

Alpha Bank will complete Calaxy and Cepal sale before year end

28 August 2020 Editors

Alpha Bank reported that has achieved major progress in planned EUR10.6bn NPEs Galaxy securitization. 

Loans under moratorium of payment reached 19.67 billion euro
News

Loans under moratorium of payment reached 19.67 billion euro

27 August 2020 Editors

Βank of Greece announced today that according to data from the four systemic credit institutions up to July 2020, the…

Skylakakis expects GDP to fall by 10% in 2020
News

Skylakakis expects GDP to fall by 10% in 2020

27 August 2020 Editors

Ministry of Finance  now sees 2020 GDP tumbling close to 10%, ie in-line with the consensus.  GDP in 2020 is…

National Bank speeds up Frontier project
News

National Bank speeds up Frontier project

27 August 2020 Konstantinos Papagrigoris

The goal of the management of the National Bank is for the project Frontier to be completed even by the end of 2020, compared to the beginning of 2021, making use of the state guarantees offered by the “Hercules” plan.

Attica Bank prepares  a new NPE securitisation
News

Attica Bank prepares a new NPE securitisation

26 August 2020 Editors

Attica Bank is heading to its third bad loan portfolio securitization aiming to create the conditions -by cleaning up its…

New portfolio from Eurobank to doValue
News

New portfolio from Eurobank to doValue

26 August 2020 Konstantinos Papagrigoris

What does the deal include, in which doValue undertook the management of receivables in arrears from Eurobank’s leasing contracts in Greece.

List grows
News

List grows

25 August 2020 Editors

It is about Loan and Credit Receivables Management Companies.         Hopefully on the 27th, according to the…

Banks are pushing for auctions for even more securitizations
News

Banks are pushing for auctions for even more securitizations

25 August 2020 Editors

The management  of the 4 systemic groups are pressuring the government to restart – as soon as possible – real…

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News Tags Comments
  • Banks: €10 billion in liquidity from synthetic securitizations
  • In the Stengos family, the Piraeus Bank’s Vesta project
  • The Real Estate Acquisition and Leaseback Entity is entering the final phase
  • The Federation of Greek Servicer Organizations (FOOSE) was established
  • BoG: Steady decline in NPEs in the nine months of 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air
  • FinThesis expands into business and consumer loans – Target of 1,300 mortgages and €120 million in disbursements
  • Intrum recognises impairment of SEK 3.4bn
  • Swiss franc borrowers are negative about the government’s proposal
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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