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Home2020

Year: 2020

Alpha Bank to select next week the bidder for Galaxy
News

Alpha Bank to select next week the bidder for Galaxy

18 November 2020 Konstantinos Papagrigoris

Alpha Bank is said that  to  select next week the preferred bidder for Galaxy NPE securitisation project and Cepal sale. Cepal’s total l loans under management will rise, after the completion of Galaxy, to 33 billion euros, placing Cepal on the European map

Intrum announces a new strategy and a transformation plan
News

Intrum announces a new strategy and a transformation plan

18 November 2020 Editors

“The company has demonstrated strong momentum in performance and great resilience amid Covid-19. But, as the pandemic has advanced the overall digitalization in society, this has urged the need for adaption of the operational setup of service providers to remain relevant.”

Deloitte to receive offers on Audiovisual loans
News

Deloitte to receive offers on Audiovisual loans

17 November 2020 Konstantinos Papagrigoris

Any day now, Deloitte expects binding offers for the sale of Audiovisual’s 52 million euro of loans held by National Bank.

Is the “Gefyra” program sufficient to avert a rise in mortgage NPLs?
Editorial

Is the “Gefyra” program sufficient to avert a rise in mortgage NPLs?

16 November 2020 Editors

European Commission cleared the  EUR655m Gefyra (bridge) mortgage subsidy scheme. But is this program sufficient to avert the wave of…

BC Partners: steps indicate move to make public offer on Forthnet
Highlights

BC Partners: steps indicate move to make public offer on Forthnet

16 November 2020 Konstantinos Papagrigoris

What does the increase in Forthnet stake signal for BC Partners.

Thousands of real estate auctions freeze until the year -end
Featured

Thousands of real estate auctions freeze until the year -end

16 November 2020 Konstantinos Papagrigoris

More than  2,100 real estate auctions scheduled by the end of the year are freezing after Government’s decision. In September and October 7,300 auctions took place.

New board in the  Association of Loan & Credit Claims Management Companies
News

New board in the Association of Loan & Credit Claims Management Companies

16 November 2020 Editors

Τhe new board in the Association of Loan & Credit Claims Management Companies was elected on Friday, November 13.  …

Ιs Dogus Hellas shutting shop?
News

Ιs Dogus Hellas shutting shop?

16 November 2020 Editors

What does the accumulation of losses signify for the presence of the group in the Greek market? In total, together with the losses that the Ferit Sahenk Group will show this year, losses reach 7.3 billion euros.

How the NPL pie of Halyvourgiki is shared
Highlights

How the NPL pie of Halyvourgiki is shared

16 November 2020 Editors

Τhe question that arises is, what will happen to most of the NPLs that remain with National Bank of Greece,, as the bank has not received even … one cent in recent years.

Wave of non-performing loans is threat in Europe
Global

Wave of non-performing loans is threat in Europe

15 November 2020 Editors

A Reuters survey and analysis of the latest data available shows that loans totaling about €320 billion were still on a payment holiday at 10 of Europe’s biggest banks.

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MOST READ

  • Piraeus: New portfolio sale with… a mix of red loans worth 300 million euros 30 July 2025
  • The sale of the “Athena” project was announced by the CEO of Alpha Bank 1 August 2025
  • Following successful completion of recapitalisation, Andrés Rubio steps down and Johan Åkerblom appointed as President and Chief Executive Officer of Intrum 29 July 2025
  • The Bank of Greece’s decisions on servicers 6 August 2025
  • SOLAR: What’s happening with securitization? 31 July 2025
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off” 6 August 2025
News Tags Comments
  • Over half a billion in debts were restructured by the Servicers in July
  • Eurobank: Renames Solar to Sun and seeks investors
  • Banks: 100 million additional provisions
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off”
  • The Bank of Greece’s decisions on servicers
  • UBS: $300 million settlement for Credit Suisse mortgage loans
  • UNIKO: The 13 million euro platform
  • Banks: Reduction of Pillar 2 Guidance to 1%
  • The banks passed the stress tests comfortably
  • The banks’ “red” map
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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