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Home2021November

Month: November 2021

EU: Greek banks recorded strong decrease in NPLs but vulnerabilities remain
News

EU: Greek banks recorded strong decrease in NPLs but vulnerabilities remain

24 November 2021 Editors

Three of the four systemic banks continued to record net inflows  of non-performing loans in the second quarter of 2021, mainly in the corporate and mortgage loans portfolio. The re-default rate for loans after exiting moratoria is 7%.

Project Daedalus is on track
News

Project Daedalus is on track

24 November 2021 Editors

The project Dedalus, i.e the sale of 56 million euros  NPL of the Hellenic Pot Bank currently held by PQH is on track.  Binding offers shall be submitted by 26th of November. 

Dimand buys Minion property for 25 million euros
News

Dimand buys Minion property for 25 million euros

23 November 2021 Konstantinos Papagrigoris

Dmand has submitted the highest offer for the historic property in Omonia Square that housed the Minion department store.  …

PQH to sell 5,2 billion euros NPLs
News

PQH to sell 5,2 billion euros NPLs

23 November 2021 Konstantinos Papagrigoris

PQH launches one of the largest NPL portfolio sales, the so-called “Ariadne project ” of 5,2 billion euros soured debt.

Apartment prices up by 7,9% in Q3 2021
News

Apartment prices up by 7,9% in Q3 2021

23 November 2021 Editors

Ιn the third quarter of 2021, the annual rate of change in apartment prices for the entire country stood at…

Devidson Kempner buys Logothetis loans for 94 million euros
News

Devidson Kempner buys Logothetis loans for 94 million euros

23 November 2021 Editors

Davidson Kempner, the U.S based hedge fund will buy loans and businesses receivables totaling EUR 419 million from companies affiliated…

Properties from Piraeus Bank’s Istros project go to I.Papalekas
News

Properties from Piraeus Bank’s Istros project go to I.Papalekas

23 November 2021 Editors

Companies affiliated with Iannis Papalekas to buy the properties of the Istros project of Piraeus Bank. The real estate of…

New owner of Minion expected in the week
Featured

New owner of Minion expected in the week

23 November 2021 Konstantinos Papagrigoris

Five investors submitted offers to Folli Follie yesterday for the historic property in Omonia Square that housed the Minion department store.

Intrum: European consumers are buying less than before the pandemic
News

Intrum: European consumers are buying less than before the pandemic

22 November 2021 Editors

Consumers in Europe are buying less than before the pandemic to promote a more sustainable lifestyle, Intrum’s latest survey shows. …

Greek economy is expected to grow by 11,7 by end of 2022
News

Greek economy is expected to grow by 11,7 by end of 2022

22 November 2021 Editors

Greek Government tabled on Friday to parliament (set to be voted into law on 18 December) the  2022 Budget, little…

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MOST READ

  • The sale of the “Athena” project was announced by the CEO of Alpha Bank 1 August 2025
  • The Bank of Greece’s decisions on servicers 6 August 2025
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off” 6 August 2025
  • UNIKO: The 13 million euro platform 4 August 2025
  • houses and percentages, red loans, source: Shutterstock The banks’ “red” map 4 August 2025
  • Banks: Reduction of Pillar 2 Guidance to 1% 4 August 2025
News Tags Comments
  • Bank of Cyprus: Real estate sales of €211 million
  • Alpha Bank: Proceeds with securitization of €1.2 billion in receivables
  • The map of arrangements for the four major Servicers
  • Over half a billion in debts were restructured by the Servicers in July
  • Eurobank: Renames Solar to Sun and seeks investors
  • Banks: 100 million additional provisions
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off”
  • The Bank of Greece’s decisions on servicers
  • UBS: $300 million settlement for Credit Suisse mortgage loans
  • UNIKO: The 13 million euro platform
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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