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Home2021October

Month: October 2021

State “Teiresias” for households, businesses debts to be set up in 2022
News

State “Teiresias” for households, businesses debts to be set up in 2022

7 October 2021 Konstantinos Papagrigoris

The credit bureau, in which all the overdue debts that households and businesses have to the state will be recorded, will be fully operational by the end of 2023

Cepal’s Athanasopoulos: Auctions will determine the success of securitizations
News

Cepal’s Athanasopoulos: Auctions will determine the success of securitizations

7 October 2021 Konstantinos Papagrigoris

The digitization of data on all business and household arrears owed to the state is a critical issue in providing…

Recovered NPL securitizations slip into void when returned to banks
News

Recovered NPL securitizations slip into void when returned to banks

6 October 2021 Editors

  Intrum “returned” in 2020 to Piraeus Bank NPLs which were restored to the order of 1 billion euros the CEO George Georgopoulos said

SSM : the impact from covid crisis in not fully materialized on banks
News

SSM : the impact from covid crisis in not fully materialized on banks

5 October 2021 Editors

and may only do so once government support measures are withdrawn.

Greece expects  GDP to grow 4,5% in 2022
Highlights

Greece expects GDP to grow 4,5% in 2022

5 October 2021 Editors

The government tabled on Mondy draft 2022 budget, assuming 4.5% real economic growth and targeting 0.9%-of-GDP primary deficit (down from…

Deutsche hires ex Eurobank Archodidis as country manager for Greece
News Feed

Deutsche hires ex Eurobank Archodidis as country manager for Greece

5 October 2021 Editors

Deutsche Bank announced that has hired a former general manager at Eurobank, Dimosthenis Archodidis, as a country manager for Greece.…

Morgan Stanley starts contacts with investors for Real Estate Acquisition and Leasing Agency
Highlights

Morgan Stanley starts contacts with investors for Real Estate Acquisition and Leasing Agency

5 October 2021 Konstantinos Papagrigoris

It is estimated that in a few years, the Agency will need more than 2 billion euros for housing purchases from banks, through auctions.

New digital platform for financial education
News

New digital platform for financial education

4 October 2021 Editors

An educational digital platform, on the subject of financial literacy and financial education of children, was launched by the Association…

Stournaras warns of impact on banks from pandemic
News

Stournaras warns of impact on banks from pandemic

4 October 2021 Editors

The Governor of the Bank of Greece, Yannis Stournaras, has raised concerns in an interview he gave to Global Finance…

QRES of the Qualco group enters real estate market
News

QRES of the Qualco group enters real estate market

4 October 2021 Konstantinos Papagrigoris

The activity of the new company has already started in the Greek and Cypriot market, with the value of the properties under management to date exceeding 500 million euros.

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue doValue Greece Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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