Month: November 2021

Davidson Kempner and Fortress are expected to submit by the end of the day their improved binding offers for Piraeus’s 500 million euros NPL package, dubbed as the Dory project

86% of Greeks, the highest among all European responders worried about rising prices having a negative impact on their personal finances

None of the management companies has applied yet for a license – according to the provisions of Law 4354/2015 – which will allow the refinancing of companies.

A platform for early warning of debtors regarding the evolution of their debt will set the Special Secretariat for Private Management Debt will be operational soon.

National Bank of Greece (NBG) reduced its stock of Non Performing Loans to  3,7 billion euros at the end of…

The entire banking sector is expected to be led to the same level by 2022, a fact that will support efforts to obtain an investment grade. Eurobank is ready to to start talks with supervisory authorities on the distribution of dividend,

The restart of auctions will have a positive impact on the management of non-performing loans. The pandemic may affect the timing of the Company’s revenues.  

Eurobank, one of the four systemic lenders in Greece reported that is the first Greek bank to achieve a single-digit NPE ratio, the bank reported on Thursday

The call for expressions of interest is expected by December 15, and the pre-selection of the eligible candidates by mid-February 2022, followed by talks and the submission of bids. Morgan Stanley has already been hired as a financial advisor.