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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
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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

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Servicers: New Rules Coming for Debt Restructurings and Borrower Complaints 16 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Qualco targets 22% EBITDA margin as it expands into new markets 16 September 2026
  • Two High-Profile Auctions Worth Over €10 Million This Week 14 September 2026
  • Servicers: €372 Million in Loan Restructurings in One Month – Mortgages in the Spotlight 14 September 2026
News Tags Comments
  • Greece Expands Home Protection Under Out-of-Court Debt Restructuring Scheme
  • Solar PV Loans: Banks Move to Prevent a New Wave of NPLs
  • Auctions of non-performing loans worth 3 billion euros are coming up
  • Intrum Hellas: Maria Vergi Steps Down
  • Bracebridge Capital Invests in NPLs and Real Estate
  • Phoenix Vega Mezz: Interest Received of 0.8 Million Euros in August 2026
  • Bank of Greece: NPLs managed by servicers increased to €79.653 billion in Q2 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock
  • Servicers target €3.5bn in loan restructurings in 2026
  • Intrum to co-invest and become servicer to Nordic NPL portfolio
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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