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Home2021September

Month: September 2021

U.K suspends temporary insolvency measures
News

U.K suspends temporary insolvency measures

10 September 2021 Editors

Temporary insolvency restrictions protections are being lifted and new targeted measures to support small business and commercial tenants introduced.

Alpha Bank starts search for Skyline strategic investor
News

Alpha Bank starts search for Skyline strategic investor

9 September 2021 Konstantinos Papagrigoris

Alpha Bank will start in September the process of finding a strategic investor to form a consortium for the development of its real estate.

Residential property prices rise by 4.6% in Q2 2021
News

Residential property prices rise by 4.6% in Q2 2021

9 September 2021 Editors

Home sellers present an inflexible attitude according to a Cerved Property Service analysis. As a result, transactions fell 49.5% year-on-year in Athens last year.

Changes to auctions expected to be voted on by early October
News

Changes to auctions expected to be voted on by early October

8 September 2021 Editors

Bankers, funds and servicers are waiting with great anxiety the removal of an obstacle which has been slowing down efforts…

Staikouras: NPL ratio for Greek banks to fall below  10% in 2022
Highlights

Staikouras: NPL ratio for Greek banks to fall below 10% in 2022

8 September 2021 Editors

According to the data of the Bank of Greece, the non-performing loans of Greek banks amounted, in June 2021, to 29.4 billion euros (20.3% of total loans)

Extension to Gefyra program expected today
News

Extension to Gefyra program expected today

7 September 2021 Editors

Τhere is an additional 50 million euros in the account that can finance the extension of the program.

Eurobank to issue second EUR500m senior preferred bond
News

Eurobank to issue second EUR500m senior preferred bond

7 September 2021 Editors

Eurobank mandated a syndicate of banks in order to tap debt markets (as early as today) for a second MREL-eligible…

Creece’s GDP surged 16.2%  in Q2 2021
News

Creece’s GDP surged 16.2% in Q2 2021

7 September 2021 Editors

ELSTAT, Greece’s statistical office, announced today that the Greek economy expanded by 16,2% in Q2 2021, beating analysts’ forecast. Data…

NPE sales prompt Fitch upgrade of senior bank bonds
News

NPE sales prompt Fitch upgrade of senior bank bonds

7 September 2021 Editors

Progress made in their respective de-risking plans, including the sale of substantial portfolios of non-performing exposures (NPE).

Autohellas signs EUR 180 million ABS with J.P Morgan
News

Autohellas signs EUR 180 million ABS with J.P Morgan

6 September 2021 Editors

Autohellas announced the financing agreement of EUR 180 million with JPMorgan Chase through securitization of lease receivables (Asset Backed Securitization).…

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MOST READ

  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Objections to Seizures 18 August 2026
  • Digital Platform for Non-Performing Loans 18 August 2026
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging 25 August 2026
  • The net profits of the four largest servicers reached 122 million euros in 2025 24 August 2026
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply 20 August 2026
News Tags Comments
  • Intrum strengthens financial position in second quarter with successful capital raise
  • New company from Cepal with capital of 8 million
  • Katseli law loans: Banks and servicers race to finalise new repayment schedules by November
  • Alpha Bank aims for a 1 billion real estate portfolio
  • Bank of Cyprus Held €341 Million in REOs
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging
  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
  • Objections to Seizures
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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