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Home2020October

Month: October 2020

Intrum holds a capital markets day on Nov.18th
News

Intrum holds a capital markets day on Nov.18th

5 October 2020 Editors

Intrum announced that it will hold a Capital Markets Day on 18 November. Senior management will give an update on…

Greek banks cautious on bad bank plan
Featured

Greek banks cautious on bad bank plan

5 October 2020 Konstantinos Papagrigoris

Bank of Greece governor Yiannis Stournaras will start within the week presentations on his proposal before the managements of the Greek banks .The Finance Ministry looks to have rejected the deal

IMF warns of a new wave of NPLs
News

IMF warns of a new wave of NPLs

2 October 2020 Editors

What does the latest review on the Greek economy say about Covid-19’s legacy for Greek banks. How it assesses the bad bank plan.

Greek banks point to EUR5bn Covid-related new NPE legacy
News

Greek banks point to EUR5bn Covid-related new NPE legacy

2 October 2020 Editors

What Greek banks are saying about the revised plans submitted to the SSM.

National Bank puts Petzetakis factory up for auction at reduced 9.2 ml euro
News

National Bank puts Petzetakis factory up for auction at reduced 9.2 ml euro

2 October 2020 Konstantinos Papagrigoris

Today, National Bank puts up in a forced auction the Thebes factory. What is expected .

Enria: dividend payment suspension will be reviewed in December
Experts

Enria: dividend payment suspension will be reviewed in December

1 October 2020 Editors

What the SSM boss is concerned about as he asks lenders to identify NPLs and take provisions against the ASAP.

StormHarbour completed the restructure of “Artemis” notes
News

StormHarbour completed the restructure of “Artemis” notes

1 October 2020 Editors

StormHarbour announced   the successful completion of a restructuring of the Greek NPL securitisation, Artemis. StormHarbour was exclusively mandated by the…

An.David’s FATSA is on sale
Buzz Talk

An.David’s FATSA is on sale

1 October 2020 Editors

How much the legendary boat is being sold for.

Piraeus Bank affirms a 45bps capital hit from Phoenix
News

Piraeus Bank affirms a 45bps capital hit from Phoenix

1 October 2020 Editors

Piraeus Bank  reaffirmed a  45bps upfront capital hit from EUR1.95bn mortgages Phoenix securitization. Responding to a query by the Capital…

EU is taking action against vulture funds
Global

EU is taking action against vulture funds

1 October 2020 Christos Ziotis

A new Directive will establish that loan buyers must comply with consumer protection standards.

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  • What Do the Government’s Measures for Servicers Entail?
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  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances
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  • Swiss Franc: 15,000 Loans Converted to Euros – “Haircut” of Up to 50% and Fixed Interest Rate of Up to 2.9%
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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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