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Home2021

Year: 2021

Nexi Worldwide among bidders for Eurobank’s card
News

Nexi Worldwide among bidders for Eurobank’s card

12 July 2021 Editors

The Italian payments processor Nexi is among bidders for Eurobank’s merchant acquiring business, according to Bloomberg. As NPL Confidential reported…

Piraeus Bank Sunrise, Sunshine and Dory projects move ahead
News

Piraeus Bank Sunrise, Sunshine and Dory projects move ahead

12 July 2021 Konstantinos Papagrigoris

Confidentiality contracts for the Dory project were sent to investors, the sale of an NPL portfolio and up-to-date shipping loans. On July 26 investors will submit binding offers for 5,000 leasing contracts.

NPL ratio in eurozone dropped to 2,54%  in Q1
News

NPL ratio in eurozone dropped to 2,54% in Q1

9 July 2021 Editors

   The NPL  ratio of eurozone banks fell in the first quarter of the year, European Central Bank data showed…

Fitch: EU NPL market becomes more transparent  and mature
Featured

Fitch: EU NPL market becomes more transparent and mature

9 July 2021 Christos Ziotis

Services will be subject to supervision by an EU member state bank regulator. Fees and penalties charged by servicers would not be allowed to change,

25,500 debt settlement applications submitted
News

25,500 debt settlement applications submitted

9 July 2021 Konstantinos Papagrigoris

The success of the new legislative framework of debt settlement and the provision of a second chance is already evident, as of July 7, 25,535 AFM numbers have applied to the Electronic Platform of Out-of-Court Debt Settlement Mechanism

Applications for state guarantees from Hercules II at 4 bln euros 
Featured

Applications for state guarantees from Hercules II at 4 bln euros 

8 July 2021 Editors

The Hercules II program provides for state guarantees reaching 12 billion euros and will operate in accordance with what is already provided by the current law 4649/2019. 

NBG’s Mylonas: NPE ratio will fall to 8% after securitizations
News

NBG’s Mylonas: NPE ratio will fall to 8% after securitizations

8 July 2021 Editors

National Bank (NBG) CEO Paul Mylonas said today that after securitizations, the “old” NPEs will fall below 12 billion euros…

Pandemic created loans are manageable
News

Pandemic created loans are manageable

8 July 2021 Christos Ziotis

Referring to the new NPLs from the pandemic, the deputy minister  George Zavvos said in Parliament that data from the…

Govt takes further distance from bad bank plan
News

Govt takes further distance from bad bank plan

8 July 2021 Editors

The government is distancing itself from the Bank of Greece proposal on the creation of an asset management company, or…

Αttica Bank’s plan to offload bad debt
Highlights

Αttica Bank’s plan to offload bad debt

8 July 2021 Konstantinos Papagrigoris

The strategic goal of the bank is the zeroing of non-performing loans of the past within 2021.

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MOST READ

  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Objections to Seizures 18 August 2026
  • Digital Platform for Non-Performing Loans 18 August 2026
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging 25 August 2026
  • The loss per bank for loans under the Katseli Law 14 August 2026
  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026 14 August 2026
News Tags Comments
  • New company from Cepal with capital of 8 million
  • Katseli law loans: Banks and servicers race to finalise new repayment schedules by November
  • Alpha Bank aims for a 1 billion real estate portfolio
  • Bank of Cyprus Held €341 Million in REOs
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging
  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
  • Objections to Seizures
  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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