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Home2021March

Month: March 2021

Worries grow among banks, loan servicers over move extending auctions freeze
News

Worries grow among banks, loan servicers over move extending auctions freeze

31 March 2021 Konstantinos Papagrigoris

Ciircumvention of the rules will affect bank efforts to offload problem loans and will worsen the pricing of non-performing loans, a deterioration that will have an impact on their balance sheets

DBRS: EU banks doubled loan provisions in 2020
News

DBRS: EU banks doubled loan provisions in 2020

31 March 2021 Editors

The cost of risk more than doubled in 2020. In the case of the sample analyzed by Dbrs Morningstar it was 82 bps in 2020, significantly higher than the 35 bps reported in 2019.

First solicited ESG rating for Intrum
News

First solicited ESG rating for Intrum

31 March 2021 Editors

Intrum said it has been assigned its first solicited ESG risk rating by Sustainalytics. Intrum’s score has improved from medium…

First home auctions suspended until end May for those hit by pandemic
News

First home auctions suspended until end May for those hit by pandemic

30 March 2021 Editors

The Justice Ministry submitted to parliament last night an amendment suspending the confiscation and auction of first homes until the…

Intrum Hellas: Support to businesses on the development of the NSRF, Recovery Fund
Highlights

Intrum Hellas: Support to businesses on the development of the NSRF, Recovery Fund

30 March 2021 Konstantinos Papagrigoris

Intrum Hellas has designed and launched a market support mechanism for businesses, even smaller ones, with the aim of helping them restructure and modernize.

Halivourgiki Steel: April 5 decision (?)
News

Halivourgiki Steel: April 5 decision (?)

29 March 2021 Editors

The time has come for the Halyvourgiki saga.
The hearing of the appeal from the National Bank has been set for Monday, April 5 by a Single-Member Court of First Instance of Athens.

Greece’s Recovery Plan: Commitment Is Key to Success
Finance

Greece’s Recovery Plan: Commitment Is Key to Success

29 March 2021 Christos N Konstas

In advance of details of Greece’s final National Recovery and Resilience Plan (RRP) expected this week, according to the draft…

National Bank set to slash NPE ratio at 6% in 2022
News

National Bank set to slash NPE ratio at 6% in 2022

28 March 2021 Editors

Approximately 50% of loans under moratoria have not asked for further support and have returned to normal pre-COVID installment levels.

IMF: European Banks must strengthen NPL management
News

IMF: European Banks must strengthen NPL management

26 March 2021 Christos Ziotis

European Banks remain broadly resilient to the shock caused by the Covid crisis, according to International Monetary Fund (IMF). 

Banks, loan servicers request four changes on Hercules II
Featured

Banks, loan servicers request four changes on Hercules II

26 March 2021 Konstantinos Papagrigoris

They request more flexibility on business plans and the extension of the grace period for the imposition of penalties in case of failures in the execution of business plans of securitizations. to 36 months

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MOST READ

  • Sale by doValue of two loan packages 16 December 2025
  • Great deals for doValue from the Giza and Alexandria projects 18 December 2025
  • Foreclosures and the clearing of Katseli Law loans are being expedited 17 December 2025
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air 23 December 2025
  • 10,000 holiday homes belonging to debtors under the Katseli law up for auction 18 December 2025
  • Loans in Swiss francs: Amendment tabled – The three categories of settlement 18 December 2025
News Tags Comments
  • Banks: €10 billion in liquidity from synthetic securitizations
  • In the Stengos family, the Piraeus Bank’s Vesta project
  • The Real Estate Acquisition and Leaseback Entity is entering the final phase
  • The Federation of Greek Servicer Organizations (FOOSE) was established
  • BoG: Steady decline in NPEs in the nine months of 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air
  • FinThesis expands into business and consumer loans – Target of 1,300 mortgages and €120 million in disbursements
  • Intrum recognises impairment of SEK 3.4bn
  • Swiss franc borrowers are negative about the government’s proposal
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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