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Home2021September

Month: September 2021

Stournaras, NPLs is an impediment to credit expansion in
News

Stournaras, NPLs is an impediment to credit expansion in

30 September 2021 Editors

The NPL ratio for Greek banks remains the highest in the eurozone and is an impediment to credit expansion, especially…

Auctions are accelerating
News

Auctions are accelerating

30 September 2021 Konstantinos Papagrigoris

The acceleration of real estate auctions is provided for in a bill of the Ministry of Justice that was submitted last night to parliament.

Bain Capital resells part of Icon portfolio
News

Bain Capital resells part of Icon portfolio

30 September 2021 Editors

Bain Capital is said to sell part of the NPL Icon portfolio that it had bought in the summer of…

Servicers’ revenue and cash flows dealt a blow from the pandemic
Highlights

Servicers’ revenue and cash flows dealt a blow from the pandemic

30 September 2021 Konstantinos Papagrigoris

Cairo Mezz Plc announced that the company had no revenue for the first half of the year. Also Bain Capital is in the process of reselling part of NPL portfolio bought from National Bank in 2020.

Cairo Mezz zero revennnues for H1 2021
News

Cairo Mezz zero revennnues for H1 2021

29 September 2021 Editors

Cairo Mezz reported zero revenues for the first half of 2021. The Company holds mezzanine and junior notes issued by…

Bain Capital, Davidson Kempner and Ellington have eye on Attica Bank share capital hike
Featured

Bain Capital, Davidson Kempner and Ellington have eye on Attica Bank share capital hike

29 September 2021 Konstantinos Papagrigoris

According to sources from the VDR of Attica Bank, a total of thirteen interested parties came to request information, one of which shortly before the closing of the procedure.

Eurobank will slash NPE ratio below 8% in Q3 2021
News

Eurobank will slash NPE ratio below 8% in Q3 2021

28 September 2021 Editors

Eurobank will be able to reduce the NPE ratio to a single-digit rate – not in 2022 like the other systemic banks – but “within a few days” was expressed by the Ceo of Eurobank Fokion Karavias said. 

Stournaras expects high growth rates in coming decate
News

Stournaras expects high growth rates in coming decate

28 September 2021 Editors

Greece’s economy may return to pre-pandemic levels even before the end of 2021, Bank of Greece Governor Yannis Stournaras said…

Signatures to go on National Bank’s Frontier project
Featured

Signatures to go on National Bank’s Frontier project

28 September 2021 Konstantinos Papagrigoris

The 6.1-billion-euro securitization of non-performing loans has been awarded for a price of 165 million euros to the doValue-Bain Capital-Fortress consortium.

Securitised bonds of Sunrise I project go to Intrum
News

Securitised bonds of Sunrise I project go to Intrum

27 September 2021 Editors

The transfer of mezzanine and junior bonds from Piraeus Financial Holdings to the Intrum Group was completed last week regarding…

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MOST READ

  • Great deals for doValue from the Giza and Alexandria projects 18 December 2025
  • Sale by doValue of two loan packages 16 December 2025
  • Auction What changes are coming to auctions 10 December 2025
  • What is changing at Cepal Hellas 9 December 2025
  • Foreclosures and the clearing of Katseli Law loans are being expedited 17 December 2025
  • Jefferies: Loan buyback is an opportunity for banks 16 December 2025
News Tags Comments
  • The Federation of Greek Servicer Organizations (FOOSE) was established
  • BoG: Steady decline in NPEs in the nine months of 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air
  • FinThesis expands into business and consumer loans – Target of 1,300 mortgages and €120 million in disbursements
  • Intrum recognises impairment of SEK 3.4bn
  • Swiss franc borrowers are negative about the government’s proposal
  • 10,000 holiday homes belonging to debtors under the Katseli law up for auction
  • Loans in Swiss francs: Amendment tabled – The three categories of settlement
  • Statistics on loans serviced by Credit Servicing Firms (CSFs)
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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