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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

  • doValue Greece Eyes New Wave of Loan Sales and Securitisations 21 July 2026
  • Eurobank Negotiations with doValue on the Cost of Managing Non-Performing Loans 22 July 2026
  • 43 Hotels in Greece Set for Auction Over the Next Three Months 29 July 2026
  • New Chapter for Katseli Law Loans: Interest Recalculation for 100,000 Borrowers by October 20 July 2026
  • Greek Servicers Target More Loan Restructurings and Fewer Foreclosures by 2030 22 July 2026
  • Step-Up Loans: Greek Banks Face Year-End Deadline for Securitizations and Sales 27 July 2026
News Tags Comments
  • New number of shares and votes in Intrum AB
  • Serious technical problem on the auction platform
  • doValue: Reduces borrowing costs and boosts liquidity
  • Piraeus Bank’s NPEs
  • Servicers Under EU Spotlight: New Borrower Protection Rules to Shape Europe’s NPL Market
  • 43 Hotels in Greece Set for Auction Over the Next Three Months
  • Bank of Greece to Focus on New Lending, Step-Up Loans and NPL Reduction Through 2028
  • Banks and servicers are complying with the Supreme Court’s ruling
  • Qualco Makes Its Official Debut in Cash Distributions
  • Donnery (ECB): “Private debt does not disappear – In favor of an effective management framework
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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