Month: October 2020

Greece – with the highest public debt among the EU member states, reaching €331,1 bn or 176,6% of the GDP…

Still, upcoming NPE securitisations (Vega and Phoenix) are set to shave 200bps off capital, while fully-loading B3 provisions (by 2024) will further erode CET1 (as of Q2 2020, 11.6% on a FL basis, including 480bps from CoCos, vs 14.1% on a transitional/phased-in basis).

From December 7 to 10, all properties belonging to the once-powerful real estate management company Ektasis Development will be put…

In Ireland, at end of June, payment breaks representing €11.5 billion of loans were approved for Irish household borrowers. By early September, although almost half of mortgage payment breaks had expired, 6.1% of Irish PDH mortgages and 4.3% of consumer loans remained on a payment break.

What future steps are being planned by CEO Mylonas after the completion of this project. When does the path open for the 6.3 bln eur Frontier project. When it will apply for the Hercules plan.

Τhe Spanish bank has Banco Santander has decided to enter the servicing business by setting up its own non-performing real estate…