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Home2021April

Month: April 2021

ALERT from tourism and catering loans in moratoria
News

ALERT from tourism and catering loans in moratoria

19 April 2021 Editors

With the two sectors underperforming, the explosion of non-performing exposures for thousands of companies is turning into an unbearable headache…

Piraeus Bank: UBS looks for buyer for 535 mln euros of leasing contracts
Featured

Piraeus Bank: UBS looks for buyer for 535 mln euros of leasing contracts

19 April 2021 Konstantinos Papagrigoris

The project, s daubed as  Sunshine,  is expected to be completed during the third quarter of this year. It constitutes of 5,000 leasing contracts of 2,300 companies.

Alpha Bank completes corporate transformation facilitating Galaxy securitisation
News

Alpha Bank completes corporate transformation facilitating Galaxy securitisation

19 April 2021 Editors

Alpha bank announced that t it completed a well-signaled corporate transformation (into a holding company), so as to facilitate the…

With official creditors on their side, banks push for auctions to resume
News

With official creditors on their side, banks push for auctions to resume

16 April 2021 Konstantinos Papagrigoris

Servicers will also ask Greece’s official lenders to review goals they have set for the recovery from the NPLs securitizations through “Hercules”,

Piraeus Bank’s  board set to announce tomorrow exact terms  for cEUR1bn non-pre-emptive share capital increase
Highlights

Piraeus Bank’s  board set to announce tomorrow exact terms  for cEUR1bn non-pre-emptive share capital increase

15 April 2021 Christos Ziotis

Piraeus Bank’s board, after being granted authorization from the 7 April shareholders meeting, is set to announce tomorrow the details…

“Hercules II” 12 billion euros  guarantees signed
Featured

“Hercules II” 12 billion euros guarantees signed

15 April 2021 Konstantinos Papagrigoris

So far, the interest expressed by the four systemic securities for new securitizations amounts to approximately 18.8 billion euros,

Court says acceleration of 37,000 Katselis trials constitutional
News

Court says acceleration of 37,000 Katselis trials constitutional

14 April 2021 Konstantinos Papagrigoris

A total of 70,000 cases are pending at Magistrates’ Courts, but a total of 37,000 cases will be redefined, ie those that will have a trial date set after 2021

Hercules II: Increased grace period for NPL receipts
News

Hercules II: Increased grace period for NPL receipts

14 April 2021 Konstantinos Papagrigoris

The Ministry of Finance is adopting the request of loan servicers for the further extension, from 24 to 36 months, of the grace period.

The aim is to prevent servicers from being deprived of the right to manage these problem loans and to prevent the activation of state guarantees.

A “knight for NOTOS COM”
News

A “knight for NOTOS COM”

13 April 2021 Editors

Papaellinas is still looking for the “white knight” for the salvation of his company. So far, the “white knight” who…

Piraeus Bank close to selling EUR0.4bn single-ticket NPEs
News

Piraeus Bank close to selling EUR0.4bn single-ticket NPEs

13 April 2021 Editors

Davidson Kempner and Castelake submitted binding bids for Logothetis EUR400 million NPLs.

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MOST READ

  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Objections to Seizures 18 August 2026
  • The loss per bank for loans under the Katseli Law 14 August 2026
  • Digital Platform for Non-Performing Loans 18 August 2026
  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026 14 August 2026
  • Cepal to Distribute €15 Million Dividend Following Strong 2025 Performance 13 August 2026
News Tags Comments
  • Katseli law loans: Banks and servicers race to finalise new repayment schedules by November
  • Alpha Bank aims for a 1 billion real estate portfolio
  • Bank of Cyprus Held €341 Million in REOs
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging
  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
  • Objections to Seizures
  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
  • Inspections by the Bank of Greece for the business plans of Servicers
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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