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Home2020

Year: 2020

Loan moratorium to be extended to keep cap on NPEs
News

Loan moratorium to be extended to keep cap on NPEs

10 November 2020 Konstantinos Papagrigoris

A new wave of NPLs may reach 20 billion euros due to the deeper recession when just a few weeks ago the figure was not expected to exceed 5 billion euros.

Shadows emerge over Piraeus Bank-Intrum deal
News

Shadows emerge over Piraeus Bank-Intrum deal

10 November 2020 Editors

The Swedish company, which is the largest loan servicer in Europe, has reportedly entered into an exploitative agreement that binds Piraeus Bank and its shareholders on burdensome terms, and consequently the Greek State, which holds the largest stake in the lender.

Banks get burnt from bad loans in Kastoria
Highlights

Banks get burnt from bad loans in Kastoria

9 November 2020 Editors

Why systemic banks are expecting explosive growth of bad loans in the region of Western Macedonia.

Government clears backlog of pending Katseli law cases
Finance

Government clears backlog of pending Katseli law cases

9 November 2020 Editors

Greek government voted on Friday on law aiming to clear backlog of pending Katseli law cases by mid-2022.

Emma Capital moves between MIG – CVC Capital negotiations on Vivartia
Featured

Emma Capital moves between MIG – CVC Capital negotiations on Vivartia

9 November 2020 Konstantinos Papagrigoris

What does interest from Czech Emma Capital in Vivartia signal? How will CVC respond in such a case?

Moody’s: Non -performing exposures of Greek banks will grow
News

Moody’s: Non -performing exposures of Greek banks will grow

7 November 2020 Editors

Moody’s negative scenarios for the increase of NPLs and the capital condition of Greek banks. What did the rating agency say in its assessment that accompanied the upgrading of the Greek economy.

Greece’s GDP to fall at least 10% in 2020 after new lockdown
News

Greece’s GDP to fall at least 10% in 2020 after new lockdown

6 November 2020 Editors

Prime Minister Kyriakos Mitsotakis announced yesterday, that the whole of Greece will go into full lockdown between 6-30 November, to…

Intrum Hellas takes on task of reducing Piraeus Bank NPEs
News

Intrum Hellas takes on task of reducing Piraeus Bank NPEs

6 November 2020 Konstantinos Papagrigoris

What role will Intrum play in the implementation of Piraeus Bank’s new business plan which foresees the securitization at least 13-15 billion euros of NPls in 2021.

Winner of Galaxy project expected in ten days
News

Winner of Galaxy project expected in ten days

5 November 2020 Konstantinos Papagrigoris

Binding offers submitted by Pimco and US fund Davidson Kempner for the securitization of the 10.8-billion-euro Galaxy project and the sale of the loan management company, Cepal, are under review by Alpha Bank.

Vivartia: Talks on MIG-CVC deal extended in bid to reach deal
News

Vivartia: Talks on MIG-CVC deal extended in bid to reach deal

5 November 2020 Konstantinos Papagrigoris

What does interest from Czech Emma Capital in Vivartia signal? How will CVC respond in such a case?

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MOST READ

  • Council of State: Bank of Greece penalties on servicers’ executives up in the air 23 December 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece 23 December 2025
  • Intrum recognises impairment of SEK 3.4bn 22 December 2025
  • The Federation of Greek Servicer Organizations (FOOSE) was established 23 December 2025
  • BoG: Steady decline in NPEs in the nine months of 2025 23 December 2025
  • Banks: €10 billion in liquidity from synthetic securitizations 30 December 2025
News Tags Comments
  • Banks: €10 billion in liquidity from synthetic securitizations
  • In the Stengos family, the Piraeus Bank’s Vesta project
  • The Real Estate Acquisition and Leaseback Entity is entering the final phase
  • The Federation of Greek Servicer Organizations (FOOSE) was established
  • BoG: Steady decline in NPEs in the nine months of 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air
  • FinThesis expands into business and consumer loans – Target of 1,300 mortgages and €120 million in disbursements
  • Intrum recognises impairment of SEK 3.4bn
  • Swiss franc borrowers are negative about the government’s proposal
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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