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Home2021June

Month: June 2021

ESM expects a significant reduction of NPLs in Greece
News

ESM expects a significant reduction of NPLs in Greece

30 June 2021 Editors

Further efforts should continue, particularly with regard to financial sector reforms and the implementation of an arrears clearance plan.

Fitch upgrades Quant Master Servicer
News

Fitch upgrades Quant Master Servicer

30 June 2021 Christos Ziotis

Fitch Ratings has upgraded QQuant Master Servicer Single Member S.A.’s (QQuant) asset-backed and commercial special servicer ratings to ‘ABSS2’ and…

EBRD keeps 4.0% GDP growth forecast this year
News

EBRD keeps 4.0% GDP growth forecast this year

30 June 2021 Editors

Greece’s economy is expected to expand by 4.0% this year, the European Bank for Reconstruction and Development (EBRD) said in…

Bank of Cyprus sells EUR1.34 billion NPLs to PIMCO
News

Bank of Cyprus sells EUR1.34 billion NPLs to PIMCO

30 June 2021 Christos Ziotis

The net consideration for the transaction amounts to about EUR560 million, of which about EUR165 million have been received in cash by completion

Eurozone banks are starting to see credit quality falter
News

Eurozone banks are starting to see credit quality falter

29 June 2021 Editors

European Central Bank Vice President Luis de Guindos said at a speech that eurozone banks are seeing some deterioration in…

Eurobank closes deal with Dovalue on Mexico securitisation
News

Eurobank closes deal with Dovalue on Mexico securitisation

29 June 2021 Konstantinos Papagrigoris

The bank has reached an agreement with DoValue for the 3,26 billion euros securitization project, known as Mexico, according to a person familiar with the deal.

EU proposes new rules on selling NPLs to third parties
Highlights

EU proposes new rules on selling NPLs to third parties

28 June 2021 Editors

EU ambassadors today confirmed a provisional agreement reached between the Council presidency and the Parliament on a new directive harmonising…

Bank of Greece: Marginal rise in NPLs at Q1 2021, a futher increase is expected
News

Bank of Greece: Marginal rise in NPLs at Q1 2021, a futher increase is expected

28 June 2021 Editors

The stock of NPLs, after declining in 2020, mainly through the sales of loans under the  Hellenic Asset Protection Scheme…

Bain, Fortress, CPIB- Hipoges and DEVA – Qquant in battle for Sunshine project
Highlights

Bain, Fortress, CPIB- Hipoges and DEVA – Qquant in battle for Sunshine project

28 June 2021 Konstantinos Papagrigoris

The withdrawal of interest from both Davidson Kempner, who initially showed interest, and Intrum, which initially discussed the partnership with Spain’s DEVA, was of a surprise.

Τhe Terms of Alpha Bank Davidson Kempner partnership
News

Τhe Terms of Alpha Bank Davidson Kempner partnership

27 June 2021 Editors

Τhe Terms of Alpha Bank Davidson Kempner partnership

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MOST READ

  • Hercules Securitisation Scheme: Which Servicers Are Delivering Faster Recoveries  10 June 2026
  • Real Estate Acquisition and Leaseback Agency: CRC Emerges as Sole Bidder – Systemic Banks Expected to Join the Scheme 2 June 2026
  • Supreme Court: The decision for the borrowers of Law 3869/2010 has been published 5 June 2026
  • houses and percentages, red loans, source: Shutterstock Primary Residence: New Out-of-Court Settlement Framework Allows Home Protection While Other Assets Are Liquidated 3 June 2026
  • The government’s 5 measures to address the €240 billion in “red” private debt 2 June 2026
  • Louka Katseli’s response regarding her involvement with Pepper  2 June 2026
News Tags Comments
  • Intrum credit rating upgraded by Moody’s following shareholder approval of capital raise
  • Out-of-Court Debt Settlement Mechanism: 65% Surge in Debt Restructurings – More Than 2,200 Agreements in May
  • Servicers: €205 Million in Loan Restructurings in a Single Month – doValue and Cepal Lead the Management of Non-Performing Loans
  • Intrum resolves on a directed issue of approximately SEK 1 billion as part of the directed issue of approximately SEK 1.5 billion
  • Incentives for the staff from QUALCO
  • Hercules Securitisation Scheme: Which Servicers Are Delivering Faster Recoveries 
  • Announcement from Intrum’s Extraordinary General Meeting
  • K. Pierakakis: The decision of the Supreme Court does not automatically produce results for the whole
  • Housing Market: Price Growth Slows, but Demand Remains Strong
  • New Reading of Supreme Court Ruling: Lower Impact on Servicers and Banks Than Initially Estimated
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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