2020 - Page 16 of 77 - NPL Confidential

Geogakopoulos sees institutional investors back in real estate market in 2021

22 October 2020 Konstantinos Papagrigoris

Intrum Hellas CEO George Georgakopoulos believes that the Greek real estate market has very good long-term prospects and that institutional investors will return in 2021.

Global

Half of Europe’s Small Businesses may not survive within a year

22 October 2020 Editors

Half of Europe’s small businesses may not survive within a year.
What the McKinsey report says about the eurozone’s small businesses with 11% expected to file for bankruptcy within six months.

Panousis: new sour debt at 5 – 7 billion euros due to COVID-19

21 October 2020 Konstantinos Papagrigoris

Bad debt held by Greek banks will grow by 5-7 billion euros due to the pandemic, according to the CEO of doValue.

Lazard and Axia Ventures to make their first presentations on bad bank next week

21 October 2020 Konstantinos Papagrigoris

The process has started on the briefing of the government and the Finance Ministry by Bank of Greece consultants on the creation of an Asset Management Company, also known as bad bank.

Banks close to a deal with HIG Capital on Hellenic Halivourgia

21 October 2020 Editors

National Bank and Piraeus Bank close to a deal with HIG Capital on Hellenic Halyvourgia loans, according to NPL Confidential…

QQuant takes management of Pancretan Bank NPL portfolio

20 October 2020 Konstantinos Papagrigoris

QQuant Master Servicer appears to be the first in the race with doValue Greece and Cepal for the management of non-performing for the corporate and household loan portfolio of 1.077 billion. euro.

In Grimaldi’s mind

19 October 2020 Editors

Those who think that the interest of Emm. Grimaldi in Greek coastal shipping is waning will probably be – and…

Application for Hercules by 3rd Galaxy SPV, binding offers expected this week

19 October 2020 Konstantinos Papagrigoris

Alpha Bank sources expect that at least three binding offers will be submitted for Galaxy project this week. Non-binding bids have been submitted by PIMCO, Davidson Kempner, Cerved, and Credito Fondiario.