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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

  • 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
  • The map of arrangements for the four major Servicers
  • 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
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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