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Home2021May

Month: May 2021

ΕCB sees potential for bank credit risk to worsen
News

ΕCB sees potential for bank credit risk to worsen

19 May 2021 Editors

Rallies in many financial markets and higher prices in euro area residential real estate markets, increasing worries about overvaluation and the potential for abrupt asset price corrections.

Problem loans in tourism pose threat to banks
News

Problem loans in tourism pose threat to banks

19 May 2021 Editors

Loans to the tourism business pose a major threat to Greek banks. At the same time, though, estimates from loan servicers on the level of bad debt to emerge from the pandemic are dropping.

Αttica Bank to sign the deal with Ellington in June
News

Αttica Bank to sign the deal with Ellington in June

19 May 2021 Editors

Attica Bank in response to a relevant question of the Hellenic Capital Market Commission and following its’ corporate announcements on…

Ministry of Finance offers debt haircut for SMEs loans
Editorial

Ministry of Finance offers debt haircut for SMEs loans

18 May 2021 Editors

Greek Finance Minister Christos Staikouras announced a series of favorable measures in the “GEFYRA II” program offering a state subsidy…

Home prices up by 3.2% in Q1 2021
News

Home prices up by 3.2% in Q1 2021

18 May 2021 Editors

Home prices in Greece are skyrocketing amidst the pandemia crisis. Nominal apartment prices are estimated to have increased on average…

Servicers push for 36 months  extension to business plans
News

Servicers push for 36 months extension to business plans

18 May 2021 Konstantinos Papagrigoris

Risk of state guarantees (amounting to 12 billion euros for the “Hercules I” project and another 12 billion for the second phase of the project) being triggered,

Halivourgia loans to go to HIG by end May
News

Halivourgia loans to go to HIG by end May

17 May 2021 Editors

By the end of May, the final agreement between HIG Capital and National Bank (NBG) and Piraeus Bank on the…

Eurobank to complete audits on Mexico project NPLs
Highlights

Eurobank to complete audits on Mexico project NPLs

17 May 2021 Editors

The bank has set a May 14 deadline for its teams to complete audits on loans making up the Mexico project.

Piraeus Bank  set to receive on 21 May binding bids for EUR0.5bn leasing NPEs sale
News

Piraeus Bank set to receive on 21 May binding bids for EUR0.5bn leasing NPEs sale

17 May 2021 Editors

Piraeus Bank according to sources has set a 21 May deadline for the submission of binding bids for the disposal…

National Bank set to receive in early-June binding bids for EUR6bn Frontier NPE securitisation
Featured

National Bank set to receive in early-June binding bids for EUR6bn Frontier NPE securitisation

17 May 2021 Editors

After the implementation of Frontier the bank will proceed with a new securitization, namely Frontier2, with 1,5 billion euros NPL perimeter.

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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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