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Home2021March

Month: March 2021

Servicers request update of legal framework on their activities
News

Servicers request update of legal framework on their activities

20 March 2021 Konstantinos Papagrigoris

The need to update the legal framework, better coordinate with each other, and speed up securitization processes were mentioned, among others, by speakers who participated in the second day of the NPL Summit 2021 and panel III on “NPL Market in Total Transformation”.

Bind bids on Logothetis loans expected today
News

Bind bids on Logothetis loans expected today

19 March 2021 Konstantinos Papagrigoris

Binding bids on project Pivot, the sale of problems loans belonging to shipowner George Logothetis, are expected to be submitted…

Zavvos  Greece will pass the new law for Hercules by April 10th
Featured

Zavvos Greece will pass the new law for Hercules by April 10th

19 March 2021 Editors

The new law for the Asset Protection Scheme, Hercules 2 will be voted by April 10th, George Zavvos Deputy Finance Minister said at the NPL Summit. 

NPL Summit 2021: “NPLs are driving force of the real estate market”
News

NPL Summit 2021: “NPLs are driving force of the real estate market”

19 March 2021 Konstantinos Papagrigoris

The market can absorb a large number of properties. We come from a ten-year crisis. The macro-environment in the country is improving while we have strong demand from abroad.

NPL Summit 2021: New Bankruptcy Law. What changes for businesses, households
Analysis

NPL Summit 2021: New Bankruptcy Law. What changes for businesses, households

18 March 2021 Editors

The law on debt settlement and the provision of a second chance (the new bankruptcy law) was focused upon in…

G. Pavlatos: NPL deals of €12bn  close in the coming months
Experts

G. Pavlatos: NPL deals of €12bn close in the coming months

18 March 2021 Editors

Τhe Greek NPL market has gone through its stage of infancy and is now showing signs of maturity, which is…

Panousis: Prolonged freeze on enforcement measures prompts domino effect
News

Panousis: Prolonged freeze on enforcement measures prompts domino effect

18 March 2021 Konstantinos Papagrigoris

 The CEO of doValue Greece and President of the Association of Loan and Credit Claims Management Companies, Tassos Panousis, spoke…

Staikouras: Four steps to cut NPLs, support borrowers
Highlights

Staikouras: Four steps to cut NPLs, support borrowers

18 March 2021 Editors

Finance Minister Christos Staikouras presented to the NPL Summit four initiatives taken by the government to further reduce NPLs and…

ECB welcomes the extension of APS “Hercules”
News Feed

ECB welcomes the extension of APS “Hercules”

18 March 2021 Editors

Elizabeth Mc Caul  Member of the Supervisory Board of the ECB, speaking at NPL Summit 2021 said that Greek banks have made remarkable progress in dealing with a heavy legacy of NPLs

Lawmakers to vote on Hercules 2 by April 16
Highlights

Lawmakers to vote on Hercules 2 by April 16

17 March 2021 Konstantinos Papagrigoris

The Finance Ministry has been busy working on in the last few days the draft bill concerning Hercules 2. As…

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MOST READ

  • The Bank of Greece’s decisions on servicers 6 August 2025
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off” 6 August 2025
  • UNIKO: The 13 million euro platform 4 August 2025
  • houses and percentages, red loans, source: Shutterstock The banks’ “red” map 4 August 2025
  • Banks: Reduction of Pillar 2 Guidance to 1% 4 August 2025
  • Eurobank: Renames Solar to Sun and seeks investors 8 August 2025
News Tags Comments
  • Bank of Cyprus: Real estate sales of €211 million
  • Alpha Bank: Proceeds with securitization of €1.2 billion in receivables
  • The map of arrangements for the four major Servicers
  • Over half a billion in debts were restructured by the Servicers in July
  • Eurobank: Renames Solar to Sun and seeks investors
  • Banks: 100 million additional provisions
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off”
  • The Bank of Greece’s decisions on servicers
  • UBS: $300 million settlement for Credit Suisse mortgage loans
  • UNIKO: The 13 million euro platform
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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