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Home2020September

Month: September 2020

The next blow for the Koutsolioutsou family from Intrum
News

The next blow for the Koutsolioutsou family from Intrum

16 September 2020 Editors

The auction of the house (on a half-acre block of land in Pelion) and a separate plot of land in the same area (Mouresi) is scheduled for February 24, 2021.

Alpha Bank approves hive-down demerger
News

Alpha Bank approves hive-down demerger

16 September 2020 Editors

Alpha Bank approved the draft demerger deed by way of hive-down with the incorporation of a new company,  . Pursuant…

Banks, loan servicers do not see an extension to the Bridge program
News

Banks, loan servicers do not see an extension to the Bridge program

15 September 2020 Konstantinos Papagrigoris

What banks and loan servicers are saying about the government’s announcements on a possible extension to the Bridge program.

Loan servicers suspend first home auctions
Featured

Loan servicers suspend first home auctions

14 September 2020 Editors

Τhe member companies of the Loan and Credit Claims Management Association have decided to suspend auctions scheduled until December 31, 2020 that concern the main residences of vulnerable borrowers.

Qualco buys company in Cyprus
News

Qualco buys company in Cyprus

14 September 2020 Editors

What the company’s expansion into the Cypriot market means.

Eurobank is said to consider purchase of HSBC in Greece and expects EUR1.2bn 2021 NPE inflows.
Highlights

Eurobank is said to consider purchase of HSBC in Greece and expects EUR1.2bn 2021 NPE inflows.

14 September 2020 Editors

  Eurobank is said that considering an acquisition of HSBC Holdings operation in Greece according to a Bloomberg story after…

 Single Supervisory Mechanism (SSM) extends its authority in Bulgaria and Croatia
Global

 Single Supervisory Mechanism (SSM) extends its authority in Bulgaria and Croatia

14 September 2020 Editors

Single Supervisory Mechanism (SSM) expands its jurisdiction outside the euro area.  On 1 October the SSM will grow from 19…

Intrum Hellas takes on Forthnet loans
News

Intrum Hellas takes on Forthnet loans

14 September 2020 Konstantinos Papagrigoris

What does the recent offer submitted by Intrum Hellas to take on the management of Forthnet’s loans, totaling 281 million euros, involve.

Suspension of first home auctions for vulnerable borrowers
News

Suspension of first home auctions for vulnerable borrowers

14 September 2020 Editors

How the members of the Hellenic Bank Association decided to suspend first home auctions ahead of the prime minister’s announcement at the Thessaloniki trade fair.

Bank of Greece: NPEs dropped to EUR54bn in June 2020.
News

Bank of Greece: NPEs dropped to EUR54bn in June 2020.

11 September 2020 Editors

What led to the reduction in the first half of the year

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  • Resolution on issue of ordinary shares
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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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