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Home2021

Year: 2021

Loan servicers making bigger haircuts
News

Loan servicers making bigger haircuts

21 December 2021 Konstantinos Papagrigoris

Already, management companies are cutting back on 65-70% of loans, mainly in mortgages and business, with a default rate of around 25%.

Piraeus Bank strikes a €0.2bn with Blantyre Capital
News

Piraeus Bank strikes a €0.2bn with Blantyre Capital

20 December 2021 Editors

Piraeus Bank announced that has agreed with Blantyre Capital on the management of €0.2bn non- core equityparticipations. The deal provides…

Εurobank completes Mexico securitization
News

Εurobank completes Mexico securitization

20 December 2021 Editors

Eurobank completed the Mexico transaction the bank said in a statement. The transaction  involves (a) the sale of 95% of…

Frontier transfer to doValue being formally wound up
News

Frontier transfer to doValue being formally wound up

20 December 2021 Konstantinos Papagrigoris

Frontier is a management challenge for doValue. not only due to its size (7 bn. euros ) but also because it involves 100,000, borrowers.

National Bank of Greece completes Frontier transaction
News

National Bank of Greece completes Frontier transaction

20 December 2021 Konstantinos Papagrigoris

Frontier represents a landmark transaction and a decisive step for NBG to soon deliver a mid-single-digit NPE ratio

Alpha Bank completes Cosmos transaction
News

Alpha Bank completes Cosmos transaction

20 December 2021 Editors

Alpha Bank announced that has completed, the of the Cosmos Transaction, in accordance with the definitive agreement entered into on…

EBRD invests in Alpha Bank’s first synthetic securitisation
Featured

EBRD invests in Alpha Bank’s first synthetic securitisation

20 December 2021 Editors

Ιnvestment will contribute to the establishment of synthetic securitization as a new instrument in the Greek market

Alpha Bank concludes a Euro 1,9 billion synthetic securitization
Highlights

Alpha Bank concludes a Euro 1,9 billion synthetic securitization

17 December 2021 Christos Ziotis

The Transaction enables the Bank to obtain Credit Risk protection for the Mezzanine Tranche of a Euro 1.9 billion performing SME/Corporate portfolio

National Bank of Greece closed a deal with EVO Payments on card business
News

National Bank of Greece closed a deal with EVO Payments on card business

17 December 2021 Editors

National Bank of Greece has entered into a long-term strategic partnership. with EVO Payments, Inc (“EVO”) to provide merchant acquiring…

Applications for out-of-court debt settlement hit 40,000
News

Applications for out-of-court debt settlement hit 40,000

17 December 2021 Konstantinos Papagrigoris

Approximately 40,000 applications have been submitted for out-of-court debt settlement through the platform introduced by the new bankruptcy law, with…

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MOST READ

  • Great deals for doValue from the Giza and Alexandria projects 18 December 2025
  • Sale by doValue of two loan packages 16 December 2025
  • Foreclosures and the clearing of Katseli Law loans are being expedited 17 December 2025
  • 10,000 holiday homes belonging to debtors under the Katseli law up for auction 18 December 2025
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air 23 December 2025
  • Cepal Hellas upgraded to “AAA” by MSCI 11 December 2025
News Tags Comments
  • The Federation of Greek Servicer Organizations (FOOSE) was established
  • BoG: Steady decline in NPEs in the nine months of 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air
  • FinThesis expands into business and consumer loans – Target of 1,300 mortgages and €120 million in disbursements
  • Intrum recognises impairment of SEK 3.4bn
  • Swiss franc borrowers are negative about the government’s proposal
  • 10,000 holiday homes belonging to debtors under the Katseli law up for auction
  • Loans in Swiss francs: Amendment tabled – The three categories of settlement
  • Statistics on loans serviced by Credit Servicing Firms (CSFs)
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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