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Home2021

Year: 2021

Loans transferred to Servicers increased to €72 bill at Q3 2021
News

Loans transferred to Servicers increased to €72 bill at Q3 2021

16 December 2021 Editors

The total value of loans  serviced by Credit Servicing Firms (CSFs)  increased to €72,200 million at the end of the…

Zavvos: “Hercules” serves as example for dealing with NPLs in other countries
News

Zavvos: “Hercules” serves as example for dealing with NPLs in other countries

16 December 2021 Konstantinos Papagrigoris

The reform of the “Hercules” program is important not only for Greece but also for the course of European integration,…

Eurostat puts 23 bln euros of Hercules guarantees in debt spotlight, Italy seeks extension
Highlights

Eurostat puts 23 bln euros of Hercules guarantees in debt spotlight, Italy seeks extension

16 December 2021 Christos Ziotis

Italy is “is negotiating with Eurostat to dissuade the statistics agency from a possible change in its accounting rules by which the guarantees would inflate Italy’s already towering public debt.

ING expects a new QE package to deployed in 2022
News

ING expects a new QE package to deployed in 2022

15 December 2021 Christos Ziotis

On the future of QE after PEPP’s scheduled end in March 2022, three options emerge. From the most hawkish to…

Auctions spike in view of new higher tax values
News

Auctions spike in view of new higher tax values

15 December 2021 Konstantinos Papagrigoris

It is characteristic that for this week 988 auctions have been planned, which concern 975 properties, 13 relate to movable assets.

Operation of secondary NPL market seen progressing, boosting market
News

Operation of secondary NPL market seen progressing, boosting market

14 December 2021 Konstantinos Papagrigoris

Loans, classified by debt management companies ” in deep read and not serviced,” will make up mixed loan packages for sale to new investors.

F. Kourmousis: Financial health check provided by Early Warning Mechanism
News

F. Kourmousis: Financial health check provided by Early Warning Mechanism

14 December 2021 Konstantinos Papagrigoris

Prevention is preferable to treatment, not only for health but also for … debts, says the Special Secretary for Private…

Post -pandemic NPLs to rise, JLL says
Analysis

Post -pandemic NPLs to rise, JLL says

13 December 2021 Editors

Although the EU NPL ratio decreased to 2,3% in Q2 2021 from 2,5% in Q1 2021,   JLL expects post-pandemic EU…

Stournaras meets with loan servicers and what they discussed
Featured

Stournaras meets with loan servicers and what they discussed

13 December 2021 Konstantinos Papagrigoris

The servicers asked for the possibility of repurchasing the loans that have been transferred in the context of securitizations. Stournaras asked servicers to make bolder loan changes, in order to lower over-indebtedness.

Alpha Bank taps markets with  400 million Senior Preferred bond
News

Alpha Bank taps markets with 400 million Senior Preferred bond

10 December 2021 Editors

Alpha Bank announced that has successfully concluded  euro 400 million Senior Preferred bond issuance. The Senior Preferred bond has a…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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