February 2021 - Page 5 of 6 - NPL Confidential

Loans to tourism and food services unlike to repaid

8 February 2021 Editors

Loans of 6 billion euros to tourism accommodation and food services are the most highly unlikely to be repaid.

EBRD and Intrum acquired NPL portfoliio IRIS from Piraeus Bank

5 February 2021 Editors

The European Bank for Reconstruction and Development (EBRD) and Intrum Holding AB announced today that are jointly investing in an unsecured non-performing exposure (NPE) portfolio originated by Piraeus Bank.

Greek banks mulling a plan to avoid losses from new securitizations

5 February 2021 Editors

Greek banks are mulling a plan to avoid losses from the upcoming NPL securitization round, without resorting to a new hive -down process.

Piraeus received three binding bids for POS sale

5 February 2021 Editors

Piraeus Bank received three binding bids for cards business. according to a bank source.
Pursuant to its already announced internal capital generation plan, Piraeus Bank received binding bids for its cards merchant acquiring business.

Tensions rise between banks, govt over auctions

5 February 2021 Konstantinos Papagrigoris

Circumvention of the rules will affect banks’ efforts to get rid of non-performing loans and will worsen the pricing of non-performing loans, a deterioration that will weigh on bank balance sheets