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Home2021

Year: 2021

A. Enria: Banks must not remain clogged with pandemic NPLs
News

A. Enria: Banks must not remain clogged with pandemic NPLs

7 July 2021 Editors

He is concerned about banks market complacency and excessive risk-taking. “If we see any shortcomings, we will take supervisory measures.”

S&P: National Bank of Greece and Eurobank leaders in NPL reduction
News

S&P: National Bank of Greece and Eurobank leaders in NPL reduction

7 July 2021 Editors

Standard and Poors says that,  National Bank of Greece SA and Eurobank Ergasias Services and Holdings SA are leading the way, sharply…

Parliament to vote on Hercules II today
Highlights

Parliament to vote on Hercules II today

7 July 2021 Editors

Pandemic-created NPLs are manageable. The European Central Bank and the Single Supervisory Mechanism have not offered any evidence of an imminent explosion of NPLs.

HIG Capital agrees with 3 lenders on acquisition of Halyvourgia loans, starts talks with Alpha Bank 
News

HIG Capital agrees with 3 lenders on acquisition of Halyvourgia loans, starts talks with Alpha Bank 

7 July 2021 Christos Ziotis

  National Bank and Piraeus Bank have signed a binding agreement with HIG Capital in order to acquire their loans…

doValue’s corporate social responsibility actions
Highlights

doValue’s corporate social responsibility actions

7 July 2021 Christos Ziotis

doValue Greece announced an integrated set of Corporate Social Responsibility actions. doValue’s principles and philosophy are all reflecting the responsible stance…

Exarchos heads to Resolute Asset Management Group
News

Exarchos heads to Resolute Asset Management Group

6 July 2021 Editors

Nikos Exarchos has taken on the duties of partner at Resolute Asset Management. The specialized European management agency for real…

Piraeus Bank sales  EUR0,6 bn shipping NPLs
News

Piraeus Bank sales EUR0,6 bn shipping NPLs

6 July 2021 Editors

After the completion of Phoenix and Vega securitizations Piraeus banks is said that  has formally launched project Dory

Bad debt deals worth 16 billion euros expected in H2
Featured

Bad debt deals worth 16 billion euros expected in H2

6 July 2021 Konstantinos Papagrigoris

After completion of Phoenix and Vega projects more than 10 NPL transactions are expected by the end of the year. Their gross value is calculated over 16 billion euros

Moody’s: Alpha Bank will reach 7% NPE ratio in few quarters
News

Moody’s: Alpha Bank will reach 7% NPE ratio in few quarters

5 July 2021 Editors

The decrease in NPEs will reduce the bank’s cost of risk to around 60 basis points by the end of 2024 from an underlying and normalized 200 basis points in 2020, supporting its bottom-line profitability.

Piraeus has completed Phoenix and Vega securitizations
News

Piraeus has completed Phoenix and Vega securitizations

5 July 2021 Editors

Piraeus Financial Holdings announced  that Phoenix and Vega NPE securitization transactions, corresponding to a gross book value of c.€7.0bn, have…

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MOST READ

  • Eurobank is preparing a second step-up loan securitization 26 October 2026
  • Who is PPC’s legal counsel for the new €675 million securitization 26 October 2026
  • Secondary Loan Market Slows Down – Transactions Fall to €700 Million in H1 2026 26 October 2026
  • Auctions: 41% Increase in One Year 26 October 2026
  • Piraeus Bank: Puts Four Non-Performing Loan Portfolios Up for Sale 2 November 2026
  • Greek Loan Servicers Post €49 Million in H1 Profits Despite Decline in Earnings 26 October 2026
News Tags Comments
  • What Servicers Say About Article 23
  • Servicers: “Yes” from EEDADP to the new framework – Concerns regarding penalties and the risk of delays
  • Up to 28,600 euros in savings for borrowers thanks to the Ministry of Finance’s amendment
  • Loan Servicers: Maximum Fines Increased Tenfold to €5 Million – Stricter Regulatory Framework for Debt Management Companies
  • CrediaBank Acquires €37.4 Million Portfolio of Re-Performing Mortgage Loans in Landmark Deal for Greek Banking Market
  • Eurobank Reviews CHF 580 Million Loan Portfolio as Part of Balance Sheet Clean-Up
  • Galaxy Cosmos Mezz Receives €1.2 Million in Coupon Payments
  • Servicers Explain Their Absence from Parliamentary Hearing, Citing Last-Minute Invitation
  • Servicers: Strong Discontent Over Withdrawal of Article 23 – Faster Debt Recoveries Now in Limbo
  • Article 23: Truths and Exaggerations
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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