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Home2021

Year: 2021

Elizabeth MacCaul presentation at NPL Summit 2021
Video

Elizabeth MacCaul presentation at NPL Summit 2021

3 June 2021 Christos Ziotis

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Bids deadline on National Bank’s Frontier Project pushed back
News

Bids deadline on National Bank’s Frontier Project pushed back

3 June 2021 Konstantinos Papagrigoris

Based on the non-binding bids submitted, Intrum had given the largest bid of 145 million, followed by DoValue – Bain Capital – Fortress with an offer of 135 million and close to these bids were Davidson Kempner – Cepal of Alpha Bank and Quantum. of Qualco.

IMF calls Greece for addressing banks’ weaknesses
News

IMF calls Greece for addressing banks’ weaknesses

3 June 2021 Editors

Τhe International Monetary Fund in the Article IV context warned Greece on long-term debt sustainability, and calls for structural reforms and addressing banks’ long-standing weaknesses. 

IMF: Hercules could achieve a rapid reduction in NPEs
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IMF: Hercules could achieve a rapid reduction in NPEs

2 June 2021 Editors

MF encourages Greek Government to work with European partners to find a solution for the weak quality of bank capital.

EU Commission Hercules 2 will help Greek banks to reach single digit NPLs in 2022
Editorial

EU Commission Hercules 2 will help Greek banks to reach single digit NPLs in 2022

2 June 2021 Editors

  The European Commisision in its latest Enhainced Sureillance Report on Greek economy , says that sales and securitizations of…

Staikouras: 41,000 companies filed applications for Gefyra II
News

Staikouras: 41,000 companies filed applications for Gefyra II

2 June 2021 Editors

   According to the Finance Ministry, 41.000 Covid-impacted SMEs (of which 23,000 very small businesses) have filed an application by…

Tender on Mexico project launched; Non-binding bids due July
Featured

Tender on Mexico project launched; Non-binding bids due July

2 June 2021 Konstantinos Papagrigoris

The tender process for the sale of mezzanine and junior notes is expected to begin in the coming days, with the submission of non-binding offers in July.

New bankruptcy law takes effect today
News

New bankruptcy law takes effect today

1 June 2021 Konstantinos Papagrigoris

Private debt at the end of 2020 was at E242.6 bn of which E108.1 bn are debts to the tax office, E37.5 bn. are owed to social security funds and E97 bin. are owed to banks and loan management companies

National Bank sticks to court action on Halyvourgiki
Highlights

National Bank sticks to court action on Halyvourgiki

31 May 2021 Editors

The death of Konstantinos Angelopoulos may have frozen for a while developments regarding the battle between National Bank (NBG) and…

OECD: Greece needs to take additional measures to the “Hercules”
News Feed

OECD: Greece needs to take additional measures to the “Hercules”

31 May 2021 Editors

OECD in its latest outlook for Greece stresses that bankruptcies and non-performing loans are likely to rise as support is…

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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
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • The ECB raises an alarm for financial stability 21 May 2025
  • Reductions in balances in the “Hercules” securitizations in Q1 2025 27 May 2025
  • EU: New delay for Basel III 26 May 2025
News Tags Comments
  • 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
  • Mylonas (NBG): How restructured NPEs will return to the bank’s portfolio
  • Foreclosures of 900 million by servicers in 2024
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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