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Home2021November

Month: November 2021

HSBC expects all Greek banks to be at single digit NPE ratio by end of 2022
Highlights

HSBC expects all Greek banks to be at single digit NPE ratio by end of 2022

21 November 2021 Editors

The economic outlook is quite accommodative for inorganically reducing legacy NPEs and managing new formation

C. Megalou:  Piraeus NPEs to soon decline below 10%
News

C. Megalou: Piraeus NPEs to soon decline below 10%

19 November 2021 Editors

Piraeus Bank’s achievement of reducing NPEs by 16 billion euros in the first nine months of 2021 was referred to…

Cyprus, is likely to launch a “bad bank” next year
News

Cyprus, is likely to launch a “bad bank” next year

19 November 2021 Editors

Τhe European Commission is expected to grant state-owned asset management company Kedipes the necessary approval to operate as a bad…

Piraeus Bank NPL ratio falls to 16% in Q3 2020
Highlights

Piraeus Bank NPL ratio falls to 16% in Q3 2020

19 November 2021 Editors

“Οur NPE reduction plan is well on track with more than 90% of actions already executed. NPE  reduction in the…

ECB: Financial stability risks from the pandemic have lessened
News

ECB: Financial stability risks from the pandemic have lessened

18 November 2021 Editors

Since the end-2014, NPLs worth €584 billion have been sold by banks, mainly to non-bank investors  Banks in Greece and…

Deal between HIG, Alpha Bank on Hellenic Halyvourgia loans reached
News

Deal between HIG, Alpha Bank on Hellenic Halyvourgia loans reached

18 November 2021 Editors

On the eve of the National Holiday (October 28), the initial agreement between HIG and Alpha Bank on the consolidation…

Binding offers for Piraeus Bank’s Dory project expected by Monday
Featured

Binding offers for Piraeus Bank’s Dory project expected by Monday

18 November 2021 Konstantinos Papagrigoris

Bids will be submitted by Bank of America, Davidson Kempner, Entrust and Fortress, while some of the interested parties have partnered with third-party investors.

Bank of Cyprus sells EUR577 million NPLs to PIMCO
News

Bank of Cyprus sells EUR577 million NPLs to PIMCO

17 November 2021 Editors

Bank of Cyprus   Sells a portfolio of non-performing loans and properties to funds affiliated with Pacific Investment Management Co LLC,…

ECB warns on o potential increase of insolvencies
News

ECB warns on o potential increase of insolvencies

17 November 2021 Christos Ziotis

The ECB has identified warning signs that may lead to an increase of insolvencies and consequently a rise in the NPL ratio , according to the Sigle Supervisory Mechanism. 

Piraeus Bank 1.3 bln euro securitization being done in 2 stages
Featured

Piraeus Bank 1.3 bln euro securitization being done in 2 stages

16 November 2021 Konstantinos Papagrigoris

The bank has entered into a binding agreement with Christofferson, Robb & Company (CRC) for the synthetic securitization of 500 million euros serviced loans to small, medium, and large enterprises

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MOST READ

  • Intrum obtains required creditor consents for portfolio sale to Brocc Finance above book value 3 July 2026
  • doValue: €2.66 million per year from the Greek subsidiary to the Italian parent company for IT services 7 July 2026
  • Qualco Bets on AI to Drive Growth, Expands into Asia and Reaffirms 2026 Guidance 1 July 2026
  • Intrum’s rights issue oversubscribed 1 July 2026
  • The Katseli Regulation Impacts Mezzanine Securities 30 June 2026
  • doValue Greece: Key Points of the Agreement with Employees 30 June 2026
News Tags Comments
  • Intrum resolves on a directed issue of approximately SEK 500 million as part of the directed issue of approximately SEK 1.5 billion
  • The Next Steps Following the Supreme Court’s Ruling on Katseli Loans
  • HSBC Pulls Back from Higher-Risk Private Credit Lending
  • Bank of Greece: Response to the extrajudicial statement of entities regarding “red” loans
  • doValue: €2.66 million per year from the Greek subsidiary to the Italian parent company for IT services
  • Why are Mezz stocks under pressure?
  • Intrum announces launch of euro-denominated senior secured notes due 2031
  • IMF Identifies Key Obstacles Holding Back Greece’s Foreclosure Auctions
  • Foreclosures: Nearly 300,000 Properties Stuck in the Pipeline as Buyers Stay Away
  • Intrum obtains required creditor consents for portfolio sale to Brocc Finance above book value
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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