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Home2020

Year: 2020

A week’s delay for Alpha Bank’s Galaxy sale
Business

A week’s delay for Alpha Bank’s Galaxy sale

26 October 2020 Christos N Konstas

Alpha Bank’s binding bids for the sale of its entire stake in loan servicing company Cepal and an up to…

The monitoring of Intrum
News

The monitoring of Intrum

26 October 2020 Editors

The involvement of Sweden’s Intrum in the Greek NPL market is expected to grow after a change in the top…

George Logothetis vs Andreas Appel
News

George Logothetis vs Andreas Appel

26 October 2020 Editors

What is hidden behind the the court battle between Libra group and one of the largest commercial banks in Germany, Hanover-based, Norddeutsche Landesbank.

DBRS Morningstar positive on Greece’s new financial reality
Analysis

DBRS Morningstar positive on Greece’s new financial reality

26 October 2020 Christos N Konstas

DBRS Morningstar changed the euro area risk category of the Hellenic Republic from MEDIUM to LOW. Despite the deterioration in…

HIG Capital close to acquiring Hellenic Halyvourgia loans from NBG, Piraeus Bank
News

HIG Capital close to acquiring Hellenic Halyvourgia loans from NBG, Piraeus Bank

23 October 2020 Konstantinos Papagrigoris

Seems that the saga for the sale of the Hellenic Halyvourgia loans held by National Bank and Piraeus Bank is coming to an end.

Intrum net revenues up by 19% in Q3
Featured

Intrum net revenues up by 19% in Q3

23 October 2020 Editors

For the first nine months of the year, the company has collected 99 per cent of the pre-pandemic forecast, The company expects lowdown in the final quarter of the year.

Intrum launches share buyback
News

Intrum launches share buyback

23 October 2020 Editors

Intrum, Europe’s biggest debt collector announced that initiates  a share buyback program.   The purpose of the program is to…

Alpha Bank applies for the Hercules for Galaxy IV
News

Alpha Bank applies for the Hercules for Galaxy IV

22 October 2020 Editors

Alpha Bank submitted to the Finance Ministry its third consecutive application to include “Galaxy IV” for the inclusion in the…

Provision withdrawn allowing money launderers from illegal activities to declare bankruptcy
News

Provision withdrawn allowing money launderers from illegal activities to declare bankruptcy

22 October 2020 Konstantinos Papagrigoris

  The coordinated reaction of lawyers led the government to withdraw a provision (Article 100 (1)) of the new Bankruptcy…

DoValue have been left with thousands of illegally built properties in their hands
News

DoValue have been left with thousands of illegally built properties in their hands

22 October 2020 Konstantinos Papagrigoris

What is the issue that has been described as a time bomb by lenders and loan servicers left holding real estate built in violation of building regulations .

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News Tags Comments
  • Cepal Reports 26.3 Million in Profits and 30 Billion in Portfolios
  • Greek Servicers Target More Loan Restructurings and Fewer Foreclosures by 2030
  • A portfolio of 3,600 properties under the management of doValue Greece Real Estate
  • doValue Greece: Manages 27 portfolios worth over 35.2 billion euros
  • The government is considering measures regarding servicers
  • Eurobank Negotiations with doValue on the Cost of Managing Non-Performing Loans
  • doValue Greece to Challenge VAT Refund Rejection
  • doValue Greece Eyes New Wave of Loan Sales and Securitisations
  • New Chapter for Katseli Law Loans: Interest Recalculation for 100,000 Borrowers by October
  • The synthetic securitizations that banks are planning
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue doValue Greece Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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