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Home2020

Year: 2020

Bain Capital acquires Hypo Alpe Adria in Italy
News

Bain Capital acquires Hypo Alpe Adria in Italy

23 July 2020 Editors

Why Bain Capital decided to buy a bank in Italy?

Intrum to launch a  EUR 500 million senior notes due 2025
News

Intrum to launch a EUR 500 million senior notes due 2025

23 July 2020 Editors

Why Intrum issued new debt notes?

Pimco, Elliot-Credito Fondiario, Cerved in short list for Galaxy project
Featured

Pimco, Elliot-Credito Fondiario, Cerved in short list for Galaxy project

23 July 2020 Konstantinos Papagrigoris

Who are the most likely contenders from those on the shortlist for the Galaxy project? Why Alpha Bank will attain full control of Cepal?

Intrum Q2  2020 profit falls to 126 million euros
News

Intrum Q2 2020 profit falls to 126 million euros

23 July 2020 Editors

Intrum, the biggest European debt collector reported today that ajusted operating profit shrank to c.126.61  million  euros (1.35 billion Swedish…

Pimco,Elliot-Credito Fondario, Cerved in the short list for Galaxy project
Featured

Pimco,Elliot-Credito Fondario, Cerved in the short list for Galaxy project

23 July 2020 Editors

Who are the most likely contenders from those on the shortlist for the Galaxy project? Why Alpha Bank will attain full control of Cepal?

OECD says that NPL reduction must be accelerated
News

OECD says that NPL reduction must be accelerated

22 July 2020 Editors

ken account of all the above, the OECD proposes that creating a single platform for the purchase and sale of NPLs would increase transparency and improve the process of price discovery, thus helping the development of a secondary market for NPLs.

Pimco  eyes Galaxy project, and ups Qualco stake in vote of confidence for Greek market
News

Pimco eyes Galaxy project, and ups Qualco stake in vote of confidence for Greek market

22 July 2020 Konstantinos Papagrigoris

Pimco, which holds 20 percent of Qualco, has decided to make its strategy in Greece more aggressive by acquiring a majority stake in the loan management company led by Orestis Tsakalotos.

Stournaras: It is necessary to set up an Asset Management Company for NPLs
News

Stournaras: It is necessary to set up an Asset Management Company for NPLs

22 July 2020 Christos Ziotis

Why Bank of Greece Governor, despite strong critics, insists on creating a bad bank for NPLs? Which are the next steps Bank of Greece is planning after it selected three top investment banks and consultants that will assist in all aspects of the AMC scheme?

White & Case Advises Alpha Bank on Disposal of “Neptune”
News

White & Case Advises Alpha Bank on Disposal of “Neptune”

21 July 2020 Editors

Global law firm White & Case LLP has advised Alpha Bank S.A. on a binding agreement with Poseidon Financial Investor…

EU leaders a deal on 750 billion euros recovery fund.
News

EU leaders a deal on 750 billion euros recovery fund.

21 July 2020 Editors

  EU leaders have struck a deal,  the early hours of Tuesday, after a  summit that lasted almost five days,…

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MOST READ

  • Etalia project up for sale by NBG 2 September 2025
  • The “damage” from a reversal of the Supreme Court’s decision is estimated at €1 billion  2 September 2025
  • Servicers are seeking a solution for the mass suspension of auctions 10 September 2025
  • The Aktor – Prodea real estate deal is canceled 10 September 2025
  • An overview of the Hercules Program 3 September 2025
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism 5 September 2025
News Tags Comments
  • Elena Stassi: From the Aktor Group to Qualco
  • New company from QUALCO
  • Out-of-court mechanism: More than 30% haircut for 1 in 2 debt settlements with banks – servicers
  • Private debt: Critical meeting on “red” loans and “Hercules”
  • Servicers: Loan settlements exceeding 3 billion euros
  • A new wave of foreclosures for tax debtors
  • The Aktor – Prodea real estate deal is canceled
  • Dimitris Mavros’ MRB under protection ahead of restructuring
  • Mezzanine in decline
  • Servicers are seeking a solution for the mass suspension of auctions
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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