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Home2021May

Month: May 2021

Zavvos: Hercules guarantees do not pose risk to Greek public debt
News

Zavvos: Hercules guarantees do not pose risk to Greek public debt

27 May 2021 Editors

The state is fully covered by the guarantees provided to banks through the Hercules program, assures Deputy Finance Minister George…

Loan servicers turn to mediation as settlement tools broaden
Featured

Loan servicers turn to mediation as settlement tools broaden

27 May 2021 Konstantinos Papagrigoris

Loan management companies recently launched new, alternative low-cost debt settlement tools with mediation becoming increasingly popular.

Questions emerge over treatment of E3.5 bn state-backed loans
News

Questions emerge over treatment of E3.5 bn state-backed loans

26 May 2021 Editors

Questions have arisen over the treatment of Euro 3,5 billion euros bad loans covered with state guarantees. According to daily…

Central bank governor warns of weak performances by securitisations
News

Central bank governor warns of weak performances by securitisations

26 May 2021 Konstantinos Papagrigoris

Bank of Greece (BoG) governor Yiannis Stournaras has warned about the weak performance of securitizations to date and, consequently, the…

Four lenders to jointly issue 1.5 bln euro securitisation (Solar Project)
News

Four lenders to jointly issue 1.5 bln euro securitisation (Solar Project)

26 May 2021 Konstantinos Papagrigoris

Greece’s four systemic banks (National Bank of Greece, Piraeus Bank, Eurobank, and Alpha Bank)  are preparing the first joint loan…

Single Supervisory Mechanism said to approve Phoenix and Vega securitizatons
Featured

Single Supervisory Mechanism said to approve Phoenix and Vega securitizatons

26 May 2021 Editors

The Sunrise 1 NPE securitization of €7bn is at the binding offer phase, and the bank expects to conclude the transaction by the end of the year.

Alpha Bank agrees with Nexi on POS arm
Featured

Alpha Bank agrees with Nexi on POS arm

25 May 2021 Konstantinos Papagrigoris

Alpha Bank confirmed that it will work with Italian group Nexi on the acceptance and settlement of POS transactions

The overview of new Alpha Bank’s NPL sale
News

The overview of new Alpha Bank’s NPL sale

24 May 2021 Editors

New NPL Transactions perimeter (€bn)        From         To Cosmos             …

Apha Bank is planning Euro 8.1 billion NPL transactions in 2021-22
Featured

Apha Bank is planning Euro 8.1 billion NPL transactions in 2021-22

24 May 2021 Editors

The bank also announced an E0.8bn share capital increase to fast-track de-risking and build growth capital.

Non binding bids on Piraeus Sunshine on June 2
News

Non binding bids on Piraeus Sunshine on June 2

24 May 2021 Editors

Binding bids on the Sunshine project will be submitted on June 2nd  according to people familiar with the matter. The…

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MOST READ

  • The solution for loans in Swiss francs is… coming 25 June 2025
  • Panousis (doValue): “In five months, FinTHESIS has communicated with or advised over 8,000 potential borrowers” 16 June 2025
  • Damage of over one billion euros in case of recalculation of installments on Katseli loans 16 June 2025
  • Tsakalotos: The new strategy of Qualco 24 June 2025
  • Interest of foreign investors in “green” loans 16 June 2025
  • The Bank of Greece sees a slowdown in the real estate market 20 June 2025
News Tags Comments
  • Edrasi: The price for the auction of a property in Koropi is set at 19 million euros – The role of servicers
  • Bankruptcy Law – What problems does the IMF identify for Greece
  • By the end of 2025, the establishment of the Real Estate Agency
  • In a top position at UBS, St. Papapanagiotou
  • The solution for loans in Swiss francs is… coming
  • Grivalia is seeking 90 million for a new real estate fund
  • The critical problem of the Swiss franc
  • YALCO: New chapter after drastic “haircut” by B2Holding
  • Cooperation between banks, servicers, and the Ministry of Finance for the property deficit
  • Tsakalotos: The new strategy of Qualco
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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