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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

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Servicers: New Rules Coming for Debt Restructurings and Borrower Complaints 16 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Auction Auctions of non-performing loans worth 3 billion euros are coming up 22 September 2026
  • Qualco targets 22% EBITDA margin as it expands into new markets 16 September 2026
  • Two High-Profile Auctions Worth Over €10 Million This Week 14 September 2026
News Tags Comments
  • Servicers seek access to AADE data to trace 850,000 ‘unreachable’ borrowers
  • Greece Expands Home Protection Under Out-of-Court Debt Restructuring Scheme
  • Solar PV Loans: Banks Move to Prevent a New Wave of NPLs
  • Auctions of non-performing loans worth 3 billion euros are coming up
  • Intrum Hellas: Maria Vergi Steps Down
  • Bracebridge Capital Invests in NPLs and Real Estate
  • Phoenix Vega Mezz: Interest Received of 0.8 Million Euros in August 2026
  • Bank of Greece: NPLs managed by servicers increased to €79.653 billion in Q2 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock
  • Servicers target €3.5bn in loan restructurings in 2026
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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