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Home2021

Year: 2021

Alpha Bank issues nMREL-eligible EUR500m senior preferred bond at 2.625
News

Alpha Bank issues nMREL-eligible EUR500m senior preferred bond at 2.625

17 September 2021 Editors

NP Paribas, BoFA Securities, Citi, Commerzbank and Morgan Stanley acted as Joint Lead Managers on the transaction.

ΝPLs serviced by domestic Credit Servicing Firms rise to  €61,754 bill in Q2
News

ΝPLs serviced by domestic Credit Servicing Firms rise to €61,754 bill in Q2

16 September 2021 Editors

The nominal value of loans to domestic residents serviced by domestic CSFs that have been transferred to non-resident specialized financial…

SPV Phoenix Vega Mezz, Cairo Mezz shares surge
News

SPV Phoenix Vega Mezz, Cairo Mezz shares surge

16 September 2021 Editors

Shares in Phoenix Vega Mezz, issued from the Phoenix and Vega securitizations by Piraeus Bank, jumped by 20% yesterday.

House prices set to firm in Greece, Oxford Economics says
News

House prices set to firm in Greece, Oxford Economics says

16 September 2021 Editors

Eurozone house price growth to surge to 8% y/y in Q4 2021 – a 30-year high, according to Oxford Economics…

Piraeus Bank seeks bids for EUR1bn property portfolio
News

Piraeus Bank seeks bids for EUR1bn property portfolio

16 September 2021 Editors

Piraeus Bank Piraeus is set to receive by 30 September non-binding bids for the disposal/joint development of a EUR1bn real…

National Bank said to close with EVO Payments for merchant acquiring business
News

National Bank said to close with EVO Payments for merchant acquiring business

16 September 2021 Editors

EVO will allegedly buy a majority stake in the business, with NBG set to receive distribution fees under a long-term agreement between the two parties.

BofA expects NPE  below 10% for  Greek banks by 2022
News

BofA expects NPE below 10% for Greek banks by 2022

15 September 2021 Editors

BofA expects Impaired loans across the Greek systemic banks to reduce to €31bn as of the end-1H2 form €67bn since end-2017,

Eurobank said to have sold 55 mln euro loan to HIG
News

Eurobank said to have sold 55 mln euro loan to HIG

15 September 2021 Editors

Eurobank has sold a 50-million-euro loan belonging to the Kypriotis hotel business to US fund HIG, according to sources. The…

Property auctions moving forward
Highlights

Property auctions moving forward

15 September 2021 Konstantinos Papagrigoris

The data from the e-platform show that out of the approximately 99,000 auctions on which procedures have been initiated:

Greece seeks gradual repayment of EUR52 bn  GLF
News

Greece seeks gradual repayment of EUR52 bn GLF

14 September 2021 Christos Ziotis

Greece seeks gradual early repayment of EUR52bn GL (Greek Loan Facility)  loans, hopes to receive second EUR4bn RRF tranche before…

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MOST READ

  • Piraeus: New portfolio sale with… a mix of red loans worth 300 million euros 30 July 2025
  • The sale of the “Athena” project was announced by the CEO of Alpha Bank 1 August 2025
  • Following successful completion of recapitalisation, Andrés Rubio steps down and Johan Åkerblom appointed as President and Chief Executive Officer of Intrum 29 July 2025
  • The Bank of Greece’s decisions on servicers 6 August 2025
  • Intrum AB continues strong EBIT and net income trend in Q2 2025 28 July 2025
  • With less than 5% in Galaxy Cosmos Mezz, Reggeborgh 28 July 2025
News Tags Comments
  • 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
  • Banks: Reduction of Pillar 2 Guidance to 1%
  • The banks passed the stress tests comfortably
  • The banks’ “red” map
  • The sale of the “Athena” project was announced by the CEO of Alpha Bank
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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