February 2021 - Page 6 of 6 - NPL Confidential

Central Credit Register being created for monitoring of securitizations

3 February 2021 Konstantinos Papagrigoris

The Ministry of Finance is moving ahead with the creation of a Central Credit Register in order for investors to have an online picture of non-performing loans of securitizations and recovery rates.

Stournaras: Prolonged NPL restructuring process is a threat to the economy

2 February 2021 Christos Ziotis

Euro area banks increased loan loss provisions significantly during the first half of 2020, amounting to 0.76% of loans on an annualised basis. However, this figure is likely to fall short.

Gefira loan subsidies at 47.9 mln euros

2 February 2021 Editors

At the end of January, subsidies granted by the Greek state through the Gefira program reached 47.9 million euros, with…

Cepal capital injection by Alpha Bank closes Galaxy deal with Davidson Kempner

2 February 2021 Editors

The completion of Cepal’s capital boost by Alpha Bank, by covering a 150 million euro share capital hike on the lender’s former subsidiary through a direct loan, essentially completes the transfer of one of the largest securitization projects in Europe.

EBA demands more loan provisions in the stress test due to moratorium

1 February 2021 Konstantinos Papagrigoris

Τhe methodology of stress tests European Banking Authority announced on Friday assumes that moratoria expire on 31 December 2020. Banks shall assess whether borrowers will be able to fully repay the respective loans with a payment schedule that foresees due amounts from 1 January 2021 onwards.