August 2020 - Page 3 of 4 - NPL Confidential

Pimco targets leading role in Greece, Cyprus

15 August 2020 Konstantinos Papagrigoris

Which are the two steps taken by the company in Greece and Cyprus, indicative of the strategy it is pursuing in the secondary market of non-performing receivables.

Along with Project Frontier, National Bank pushes ahead with smaller project Danube

14 August 2020 Konstantinos Papagrigoris

In fact, the management of the National Bank is doing the groundwork so that after Eurobank, Alpha Bank and Piraeus Bank its makes the same use of the state guarantees offered by the “Hercules” plan.

Piraeus Bank applies for HERCULES

11 August 2020 Editors

Piraeus Bank has filed an application for HERCULES – Asset Protection Scheme inclusion in relation to the upcoming EUR2bn Phoenix securitization.

National Bank: Credit rating on Frontier project expected in Q3

7 August 2020 Konstantinos Papagrigoris

National Bank (NBG) is planning to run at a fast pace the securitization of loans over 6 billion euros – project Frontier – with the aim of completing the process by the beginning of 2021, by using the state guarantees offered by the “Hercules” plan.

The reins of Dogus Hellas go to G. Kotsalos

6 August 2020 Editors

George Kotsalos, who is well known in the Greek market, recently took over the management of all corporate…

Alpha Bank submits application for Hercules

6 August 2020 Konstantinos Papagrigoris

The application concerns two securitizations codenamed Galaxy II and Orion totaling 7.67 billion euros (5.75 billion euros for Galaxy II and 1.92 billion euros for Orion) in order to be guaranteed by the Greek State, The request for the other portfolios that make up the Galaxy project is also expected to be submitted very soon.

Piraeus Bank’s Phoenix, Vega securitizations expected by end November

5 August 2020 Konstantinos Papagrigoris

Christos Megalou has given his word that the lender is proceeding at a fast pace with the securitizations of non-performing exposures Phoenix and Vega totaling 7 billion euros.

doValue announced a new organizational structure

5 August 2020 Editors

“doValue” redesigned Group organizational structure, to fully take advantage of the opportunities
afforded by the improved international footprint of the Group, evolved from being Italy’s top NPL player
to Southern Europe’s main loan e real estate servicer in a short 3-year period since IPO,

The haircut on Euromedica’s 539 mln euros of debt, the Oct 7 landmark date

4 August 2020 Editors

Piraeus Bank is entering the plan to rescue Euromedica, which, among other things, includes a haircut of its debts…

Government releases draft proposal for accelerating economic growth

4 August 2020 Editors

The proposal, prepared by a committee under Cypriot Nobel Laureate Christopher Pissarides, aims to drive economic growth through increasing productivity and attracting investment.