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Home2021November

Month: November 2021

Jurisdiction of notaries on auctions moved to Court of Appeals
News

Jurisdiction of notaries on auctions moved to Court of Appeals

16 November 2021 Konstantinos Papagrigoris

The jurisdiction of notaries on auctions will be transferred from each region’s Court of First Instance to the Courts of…

Servicers and Banks to speed up auctions
News

Servicers and Banks to speed up auctions

15 November 2021 Editors

A sum of 1.232 of these auctions are scheduled to take place within this month,

Eurobank is said to close deal with Worldline
News

Eurobank is said to close deal with Worldline

15 November 2021 Editors

Eurobank is said to be closing a deal with Worldline for merchant acquiring a business, according to sources. French Worldline…

Servicers to soon  sell back  cured  loans to banks
Featured

Servicers to soon sell back cured loans to banks

15 November 2021 Editors

In the two years 2020 – 2021,  3.8 billion euros of bad loans were restructured and converted from NPE into performing

Stournaras calls on Servicers to offer sustainable solutions to borrowers
Featured

Stournaras calls on Servicers to offer sustainable solutions to borrowers

13 November 2021 Editors

The central bankers urged Servicers to offer to their clients  sustainable solutions for their loans

Presence of Stournaras and Rapanos at the General Assembly of Servicers
News

Presence of Stournaras and Rapanos at the General Assembly of Servicers

12 November 2021 Konstantinos Papagrigoris

  The presence of the Governor of the Bank of Greece Giannis Stournaras and its President Hellenic Banking Association Vassilis…

Alpha Bank moves ahead with sale of Orbit, Sky projects
Featured

Alpha Bank moves ahead with sale of Orbit, Sky projects

12 November 2021 Konstantinos Papagrigoris

Alpha Bank’s goal is to reduce its NPE ratio to 13% by the end of this year and to single digits in the first months of next year.

Αlpha Bank signs a EUR 307m binding deal with Nexi
News

Αlpha Bank signs a EUR 307m binding deal with Nexi

11 November 2021 Editors

Alpha Bank signs a binding deal with Italian Nexi for merchant acquiring a business, the bank said in an emailed…

Loan under management from Intrum Hellas hit 25 bln euros
News

Loan under management from Intrum Hellas hit 25 bln euros

11 November 2021 Konstantinos Papagrigoris

Total loans managed by Intrum Hellas in the two years that the company has been operating have reached 25.2 billion euros.

Eurobank NPEs to drop below 7,5% in Q3
News

Eurobank NPEs to drop below 7,5% in Q3

11 November 2021 Editors

CEO Fokion Karavias, pointed out that the bank was the first to pave the way for the reduction of non-performing loans to single digits – something that will be achieved within the third quarter of 2021

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MOST READ

  • Hercules Securitisation Scheme: Which Servicers Are Delivering Faster Recoveries  10 June 2026
  • Supreme Court: The decision for the borrowers of Law 3869/2010 has been published 5 June 2026
  • houses and percentages, red loans, source: Shutterstock Primary Residence: New Out-of-Court Settlement Framework Allows Home Protection While Other Assets Are Liquidated 3 June 2026
  • Servicers: €205 Million in Loan Restructurings in a Single Month – doValue and Cepal Lead the Management of Non-Performing Loans 12 June 2026
  • New Reading of Supreme Court Ruling: Lower Impact on Servicers and Banks Than Initially Estimated 8 June 2026
  • Incentives for the staff from QUALCO 10 June 2026
News Tags Comments
  • How the new platform for non-performing loans will change the market
  • Real Estate Agency: “Christofferson, Robb & Co., LLC” Named Provisional Contractor
  • An online platform for trading non-performing loans is coming, boosting the secondary market for NPLs
  • National Bank of Greece aims to put a stop to bankruptcies and takeovers of small and medium-sized hotels
  • Extension for the Swiss franc  
  • At the Supreme Court, the servicers for clarifications on the interest rates of the Katseli loans
  • Intrum credit rating upgraded by Moody’s following shareholder approval of capital raise
  • Out-of-Court Debt Settlement Mechanism: 65% Surge in Debt Restructurings – More Than 2,200 Agreements in May
  • Servicers: €205 Million in Loan Restructurings in a Single Month – doValue and Cepal Lead the Management of Non-Performing Loans
  • Intrum resolves on a directed issue of approximately SEK 1 billion as part of the directed issue of approximately SEK 1.5 billion
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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