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Home2020

Year: 2020

The Comer brothers, the debts of Loutraki Casino and the MIG “shipwreck”
Highlights

The Comer brothers, the debts of Loutraki Casino and the MIG “shipwreck”

29 June 2020 Editors

What do the Loutraki Casino, the MIG loans, and Comer Brothers have in common?

Two Hatzikraniotis real estate properties go to auction
News

Two Hatzikraniotis real estate properties go to auction

27 June 2020 Editors

It was in 2018 when the flour milling company Tyrnavos-Hatzikraniotis and Sons filed for bankruptcy, another victim of the economic…

Value of loans to individuals restructured by banks, CSFs at 12.3 bln euros
News

Value of loans to individuals restructured by banks, CSFs at 12.3 bln euros

26 June 2020 Editors

From the 4,956 applications that have been submitted by borrowers to the Electronic Platform and forwarded to banks and the loan managers, only half, ie 2,317, have been provided with restructuring proposal by banks of CSFs and the rest are outstanding, with a one month deadline, from when the applications were made. 

Piraeus Bank’s Megalou:  7bn euros of NPE securitization is on track
News

Piraeus Bank’s Megalou: 7bn euros of NPE securitization is on track

26 June 2020 Editors

What are the lender’s plans regarding the 7 billion euro of securitization mega project?

Budget primary deficit at EUR4.8 bn in Jan-May
News

Budget primary deficit at EUR4.8 bn in Jan-May

26 June 2020 Editors

 Covid-19 impact weighs heavily on the state budget. Ministry of Finance announced that the January-May 2020 period Greece posted a…

Alpha Bank: Deal with Fortress being sealed, Pimco favorite on Galaxy
Featured

Alpha Bank: Deal with Fortress being sealed, Pimco favorite on Galaxy

26 June 2020 Konstantinos Papagrigoris

Alpha Bank is hours away from signing with Fortress the purchase agreement (SPA) on the sale of project Neptune. A portfolio of non-performing loans, mainly from businesses, backed by real estate.

ECB’s Lagarde says we’ve probably passed the lowest point of the crisis
News

ECB’s Lagarde says we’ve probably passed the lowest point of the crisis

26 June 2020 Editors

ECB’s president Christine Lagarde appeared optimistic about the prospects of the E.U economy. Speaking during the online Northern Light Summit…

IMF warns that insolvencies will test the resilience of the banking  sector
News

IMF warns that insolvencies will test the resilience of the banking sector

25 June 2020 Editors

Markets for stocks and other risky assets could suffer a second swoon if the coronavirus spreads more widely, lockdowns are…

Moody’s: Greek banks increase npl outsourcing to CSFs, a credit positive
Experts

Moody’s: Greek banks increase npl outsourcing to CSFs, a credit positive

25 June 2020 Editors

Increasing recoveries will improve foreign investors’ appetite for Greek NPEs and their secondary market prices,
which will motivate banks to proceed with NPE securitization plans and reduce the potential hit to the capital from these securitizations.

Staikouras: BUSINESS 24.06.2020 :  Greek economy to contract by 16 pct in Q2
News

Staikouras: BUSINESS 24.06.2020 : Greek economy to contract by 16 pct in Q2

25 June 2020 Editors

Greece is expected to see its economy shrinking by 16 percent in the second quarter, mainly due to lower annual…

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  • HIP and Bain are the favorites for the Divani hotels
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  • “Swiss” blow to the Cairo II securitization
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  • Boosting the housing market with digitizations from banks
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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