Month: October 2021

Cash collections of the Cyprus Asset Management Company (KEDIPES) reached €95.2 million in the second quarter of 2021 with total…

At the beginning of November, the sale transaction of the Sunrise II project from Piraeus Bank to Intrum and Serengeti…

At stage 1 and stage 2, ie as high risk loans according to IFRS 9, 13% and 20% of the loans are classified respectively.

The minister asked debt management companies that now hold a large volume of bad debt to actively choose businesses that can be financed.

Intrum posted a 3 percent growth of cash EBIT  at the first nine months of the year compared to the…

Calculations made by potential investors show that if they enter the venture without government guarantees, they will not have a return on their investment.

A borrower who has received a state subsidy through the programs (“Gerfyra 1” and “Gerfyra 2”) will be considered overdue in two months and not at 90 days.