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Home2021October

Month: October 2021

NPLs in the eurozone fell to 2,3% in Q2 2021
News

NPLs in the eurozone fell to 2,3% in Q2 2021

12 October 2021 Editors

At the country level, the average NPL ratio ranged from 0.68% in Luxembourg to 14.84% in Greece

Dromeus, Prodea battle it out for Piraeus Bank’s real estate portfolio
Highlights

Dromeus, Prodea battle it out for Piraeus Bank’s real estate portfolio

12 October 2021 Konstantinos Papagrigoris

Dromeus Capital participates through the investment vehicle Greco Real Estate Fund. The specific vehicle is under the management of Stavros Adamopoulos.

Greece has spent 352 million euros for mortgage subsidies
Highlights

Greece has spent 352 million euros for mortgage subsidies

11 October 2021 Editors

Greece has spend 351,7 million euros to cover mortgage subsidies, of loans secured against the borrower’s main residence,  through the…

A new generation of NPLs in trade arises due to surge in supply costs
News

A new generation of NPLs in trade arises due to surge in supply costs

11 October 2021 Editors

Fears of a new explosion of NPLs in the trade sector have been caused by the surge in transport costs.…

Auctions of 5.500 properties are scheduled until May
Highlights

Auctions of 5.500 properties are scheduled until May

11 October 2021 Konstantinos Papagrigoris

Loans that have so far joined the out-of-court debt settlement mechanism with the provision of a second chance is estimated to approach 10 billion euros.

Eurobank signs with doValue Mexico securitization
News

Eurobank signs with doValue Mexico securitization

11 October 2021 Editors

The completion of the sale of Mexico notes and the derecognition of Mexico loans will take place in Q4-2021. The transaction will be included in APS Hercules.

Mortgage subside program, Gefyra I extended until end 2021
News

Mortgage subside program, Gefyra I extended until end 2021

9 October 2021 Editors

The extension of the state contribution to the monthly installment concerns borrowers who have been affected by the Covid-19 crisis and have already been considered beneficiaries of the program.

Scope Rating, guarantees under Hercules infer a strong sovereign -banks nexus
News

Scope Rating, guarantees under Hercules infer a strong sovereign -banks nexus

8 October 2021 Editors

Scope Rating estimates that, although Greece has made remarkable progress in addressing several problems a high share of deferred tax…

Intrum Hellas: What employees say about working conditions
News

Intrum Hellas: What employees say about working conditions

8 October 2021 Konstantinos Papagrigoris

Starting from the 800 people who voluntarily moved from Piraeus bank to Intrum, the company has recruited and currently employs more than 1,300 employees.

ECB  has bought EUR32.2bn  Greek bonds
News

ECB has bought EUR32.2bn Greek bonds

7 October 2021 Editors

The European  Central Bank, ECB has bought EUR32.2bn Greek Government Bonds or 35% of the eligible universe under PEPP in…

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MOST READ

  • Agreement between doValue, National Bank, and Eurobank for the return of housing loans 26 May 2025
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans 28 May 2025
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • The ECB raises an alarm for financial stability 21 May 2025
  • Reductions in balances in the “Hercules” securitizations in Q1 2025 27 May 2025
  • EU: New delay for Basel III 26 May 2025
News Tags Comments
  • Resolution on issue of ordinary shares
  • The objections for the same auction are being grouped together
  • Cepal Hellas: Took over the management of loan portfolios worth 4.8 billion
  • On a portal, all the state housing programs
  • New company by Piraeus Bank and Qualco
  • Minimal interest in the servicers’ platforms
  • Extrajudicial: 20% increase in arrangements after legislative improvements
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds
  • BoG: New 6.8% rise in apartment prices
  • What Pierrakakis and servicers discussed: How 25,000 properties will be utilized
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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