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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

  • A 1 billion “bomb” for securitizations – what the Supreme Court’s decision means for calculating the interest owed by Katseli Law debtors 4 February 2026
  • Smaller banks monitored by the Bank of Greece – The prudential backstop and Bank of Chania  30 January 2026
  • The impact on servicers and banks of the Supreme Court ruling on Katselis loans  6 February 2026
  • Intrum presents revised strategy for 2026–2030 and financial targets 29 January 2026
  •  On Thursday, the decision regarding the calculation of interest on Katseli Law loans will be made 2 February 2026
  • Out-of-court settlements: New record in January with €773 million in settled debts 5 February 2026
News Tags Comments
  • Sharp increase in loan modifications by Servicers
  • ING: Sale of “bad” loans to its subsidiary in Spain
  • Manageable losses for banks from the loans of the Katseli law
  • Servicers: Upheaval in the sector following the Supreme Court ruling on Katseli loans
  • Meeting chaired by the Prime Minister regarding the Supreme Court’s decision
  • Securitizations that ease the burden on HERCULES
  • The “crash test” of the Property Acquisition and Re-Leasing Agency
  • Resulute Cepal: Sadness for the death of Christoforos Stratou
  • The impact on servicers and banks of the Supreme Court ruling on Katselis loans 
  • Out-of-court settlements: New record in January with €773 million in settled debts
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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