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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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  • Warning from the SSM to banks about the loan “rally” 29 April 2026
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  • The most expensive auction in history 27 April 2026
  • The Supreme Court’s ruling and KPMG 23 April 2026
  • Qualco: submits a request to the Bank of Greece for a credit institution license 28 April 2026
  • New Changes to the Out-of-Court Debt Settlement Mechanism 23 April 2026
News Tags Comments
  • Piraeus Bank: New property auctions in the pipeline
  • Non-performing loans are putting pressure on lending standards
  • Cairo Mezz: Zero revenue in 2025 due to bond priority
  • Athanassopoulos: the resilience of the economy will determine the management of debt in the future
  • Premia–Piraeus: €49 million agreement for 34 properties
  • Warning from the SSM to banks about the loan “rally”
  • Qualco: submits a request to the Bank of Greece for a credit institution license
  • The most expensive auction in history
  • The provision for targeted protection of the primary residence through the extrajudicial mechanism is a matter of days
  • The operation of auctions remains problematic
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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