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Home2021June

Month: June 2021

Cured loans in 2020 hit 3.9 bln euros, rate slips
News

Cured loans in 2020 hit 3.9 bln euros, rate slips

22 June 2021 Editors

Cure rate in the third and fourth quarters of the year is reduced to 1.3 percent from the second quarter of the year (1.7%) and the last quarter of 2019 (2.3%).

E. McCaul, it is still difficult to estimate the size of a potential increase in NPLs.
Experts

E. McCaul, it is still difficult to estimate the size of a potential increase in NPLs.

22 June 2021 Editors

We should not ignore the warning lights on the dashboard that call for caution over emerging risks.

Which industries are leaders in bad loans
Featured

Which industries are leaders in bad loans

18 June 2021 Editors

The hospitality industry is the one that presents the most problem loans followed by construction sector.

Bank of Greece urge banks to expedite the recognition of new NPLs
Featured

Bank of Greece urge banks to expedite the recognition of new NPLs

17 June 2021 Editors

 Greek banks must expedite the recognition of any new NPLs in their balance sheets as COVID-related support measures begin to be phased out.

Transfer of Cepal, Galaxy bonds to Davidson Kempner to be completed
News Feed

Transfer of Cepal, Galaxy bonds to Davidson Kempner to be completed

17 June 2021 Konstantinos Papagrigoris

Negotiations are essentially over,” a senior Cepal executive told NPL Confidential, adding that “all that remains is to announce the deal by next week, at the latest.

ECB to  spotlight securitizations
News

ECB to spotlight securitizations

17 June 2021 Editors

ECB Banking Supervision to supervise securitisation requirements for banks.

Bain Capital join forces with SKW Funding
Global

Bain Capital join forces with SKW Funding

16 June 2021 Editors

SKW Funding, a New York City-based private lending and distressed debt platform, and Bain Capital Credit have joined forces on a second joint…

Loans serviced by Credit Servicing Firms increased to €42,845 bill at Q1 2021
News

Loans serviced by Credit Servicing Firms increased to €42,845 bill at Q1 2021

16 June 2021 Editors

In the first quarter of 2021, the nominal value of loans to domestic residents serviced  by domestic CSFs that have…

Τhe role of Serengeti fund in Intrum partnership on Sunrise I
Highlights

Τhe role of Serengeti fund in Intrum partnership on Sunrise I

16 June 2021 Konstantinos Papagrigoris

Τhe entry of Serengeti Asset Management in the Sunrise I project of Piraeus Bank did not surprise anyone in the market.

Auctions to freeze for vulnerable households until spring
News

Auctions to freeze for vulnerable households until spring

16 June 2021 Konstantinos Papagrigoris

A plan to freeze first home auctions until March 2022 for some 100,000 vulnerable households is being prepared by the…

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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 Real Estate servicers SSM
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