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Home2021June

Month: June 2021

IMF: Hercules could achieve a rapid reduction in NPEs
Featured

IMF: Hercules could achieve a rapid reduction in NPEs

2 June 2021 Editors

MF encourages Greek Government to work with European partners to find a solution for the weak quality of bank capital.

EU Commission Hercules 2 will help Greek banks to reach single digit NPLs in 2022
Editorial

EU Commission Hercules 2 will help Greek banks to reach single digit NPLs in 2022

2 June 2021 Editors

  The European Commisision in its latest Enhainced Sureillance Report on Greek economy , says that sales and securitizations of…

Staikouras: 41,000 companies filed applications for Gefyra II
News

Staikouras: 41,000 companies filed applications for Gefyra II

2 June 2021 Editors

   According to the Finance Ministry, 41.000 Covid-impacted SMEs (of which 23,000 very small businesses) have filed an application by…

Tender on Mexico project launched; Non-binding bids due July
Featured

Tender on Mexico project launched; Non-binding bids due July

2 June 2021 Konstantinos Papagrigoris

The tender process for the sale of mezzanine and junior notes is expected to begin in the coming days, with the submission of non-binding offers in July.

New bankruptcy law takes effect today
News

New bankruptcy law takes effect today

1 June 2021 Konstantinos Papagrigoris

Private debt at the end of 2020 was at E242.6 bn of which E108.1 bn are debts to the tax office, E37.5 bn. are owed to social security funds and E97 bin. are owed to banks and loan management companies

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  • Hercules turned 6! 15 October 2025
  • Piraeus sold a package of NPEs worth 300 million euros 21 October 2025
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  •  doValue Greece acquired the certification Great Place to Work for the 2nd consecutive year
  • Cepal manages Piraeus Bank’s Imola project
  • Nomination Committee in Intrum
  • Protopapas (FinTHESIS): “In 2025, we will exceed 1,500 applications to banks for disbursements of more than €250 million.”
  • Alarm bells ringing for restructured loans that are “turning red” again 
  • NPL refinancing is frozen
  • Why the real estate “rally” will continue
  • Increase in overdue payments
  • NPLs at 5.8 billion in the first half
  • Public revenue from Hercules Plan commissions reaches €600 million
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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