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Home2021

Year: 2021

Ten changes to Hercules II
News

Ten changes to Hercules II

5 July 2021 Konstantinos Papagrigoris

Key changes are being made to Hercules program, based on what emerges from a report from the General Accounting Office…

Winner of Frontier project pushed back
News

Winner of Frontier project pushed back

5 July 2021 Konstantinos Papagrigoris

According to sources, Morgan Stanley has already invited potential buyers to submit some amendments to the binding offers.

DoValue: Strong cash flow from Cairo project
News

DoValue: Strong cash flow from Cairo project

4 July 2021 Konstantinos Papagrigoris

The company achieved in 2020 significantly higher revenues, in line with the targets, from loan restructuring efforts, offsetting a significant part of revenues lost due to a freeze on asset liquidations.

ESM expects a significant reduction of NPLs in Greece
News

ESM expects a significant reduction of NPLs in Greece

30 June 2021 Editors

Further efforts should continue, particularly with regard to financial sector reforms and the implementation of an arrears clearance plan.

Fitch upgrades Quant Master Servicer
News

Fitch upgrades Quant Master Servicer

30 June 2021 Christos Ziotis

Fitch Ratings has upgraded QQuant Master Servicer Single Member S.A.’s (QQuant) asset-backed and commercial special servicer ratings to ‘ABSS2’ and…

EBRD keeps 4.0% GDP growth forecast this year
News

EBRD keeps 4.0% GDP growth forecast this year

30 June 2021 Editors

Greece’s economy is expected to expand by 4.0% this year, the European Bank for Reconstruction and Development (EBRD) said in…

Bank of Cyprus sells EUR1.34 billion NPLs to PIMCO
News

Bank of Cyprus sells EUR1.34 billion NPLs to PIMCO

30 June 2021 Christos Ziotis

The net consideration for the transaction amounts to about EUR560 million, of which about EUR165 million have been received in cash by completion

Eurozone banks are starting to see credit quality falter
News

Eurozone banks are starting to see credit quality falter

29 June 2021 Editors

European Central Bank Vice President Luis de Guindos said at a speech that eurozone banks are seeing some deterioration in…

Eurobank closes deal with Dovalue on Mexico securitisation
News

Eurobank closes deal with Dovalue on Mexico securitisation

29 June 2021 Konstantinos Papagrigoris

The bank has reached an agreement with DoValue for the 3,26 billion euros securitization project, known as Mexico, according to a person familiar with the deal.

EU proposes new rules on selling NPLs to third parties
Highlights

EU proposes new rules on selling NPLs to third parties

28 June 2021 Editors

EU ambassadors today confirmed a provisional agreement reached between the Council presidency and the Parliament on a new directive harmonising…

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MOST READ

  • Agreement between doValue, National Bank, and Eurobank for the return of housing loans 26 May 2025
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans 28 May 2025
  • New company by Piraeus Bank and Qualco 3 June 2025
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • Reductions in balances in the “Hercules” securitizations in Q1 2025 27 May 2025
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds 2 June 2025
News Tags Comments
  • Resolution on issue of ordinary shares
  • The objections for the same auction are being grouped together
  • Cepal Hellas: Took over the management of loan portfolios worth 4.8 billion
  • On a portal, all the state housing programs
  • New company by Piraeus Bank and Qualco
  • Minimal interest in the servicers’ platforms
  • Extrajudicial: 20% increase in arrangements after legislative improvements
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds
  • BoG: New 6.8% rise in apartment prices
  • What Pierrakakis and servicers discussed: How 25,000 properties will be utilized
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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