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Home2021

Year: 2021

Piraeus Bank:  22 June AGM to approve distribution of Vega/Phoenix bonds to shareholders
News

Piraeus Bank: 22 June AGM to approve distribution of Vega/Phoenix bonds to shareholders

31 May 2021 Editors

Piraeus Bank’s Annual General Meeting scheduled for 22 June will be asked to approve, among others, the distribution of of…

Greek banks, the pandemic crisis added only E4 bn NPLs
News

Greek banks, the pandemic crisis added only E4 bn NPLs

31 May 2021 Editors

Greek bankers estimate that the pandemic legacy of NPLs is manageable, as new soured loan inflows are about 4 billion…

NBG to pick Frontier investor by early July
News

NBG to pick Frontier investor by early July

31 May 2021 Editors

National Bank will proceed with another large securitization of non-performing loans, which will be completed in the first quarter of 2022,

Davidson Kempner buys bad loans in Greece and “ice-creams in Turkey”.
Global

Davidson Kempner buys bad loans in Greece and “ice-creams in Turkey”.

28 May 2021 Editors

Davidson Kempner the USA-based investment firm  which recently acquired servicing firm  Cepal from Alpha and bought part of Mezzanine and…

EU wary of extending grace period for loan servicers to 36 months
News

EU wary of extending grace period for loan servicers to 36 months

28 May 2021 Konstantinos Papagrigoris

Government understands the concerns and logic behind the request but believes concerns among loan management companies are over the top.

Dardanel Önentaş  buys Kallimanis E62.3 mill. debt
News

Dardanel Önentaş buys Kallimanis E62.3 mill. debt

28 May 2021 Editors

Dardanel Önentaş DARDL.IS has decided to acquire G. Kallimanis SA, the market leader in frozen seafood in Greece. According to the statement…

Eurobank: “Mexico” securitization received pre-rating
News

Eurobank: “Mexico” securitization received pre-rating

28 May 2021 Editors

The bank has executed an accelerated NPE reduction plan, driving its NPE ratio to single-digit this year. It will apply to join the HAPS Hercules II with Mexico project in the coming weeks.

KPMG sees a pick up in NPL securitizations in 2021
News

KPMG sees a pick up in NPL securitizations in 2021

27 May 2021 Editors

 KPMG expects an increasing volume of securitizations in the Greek market, boosted by the HAPS tool, which is likely to…

Zavvos: Hercules guarantees do not pose risk to Greek public debt
News

Zavvos: Hercules guarantees do not pose risk to Greek public debt

27 May 2021 Editors

The state is fully covered by the guarantees provided to banks through the Hercules program, assures Deputy Finance Minister George…

Loan servicers turn to mediation as settlement tools broaden
Featured

Loan servicers turn to mediation as settlement tools broaden

27 May 2021 Konstantinos Papagrigoris

Loan management companies recently launched new, alternative low-cost debt settlement tools with mediation becoming increasingly popular.

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  • The benefits for Cepal, doValue, and Intrum from the Starbucks deal 8 April 2026
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  • On the market for sale, two “packages” of properties from banks 15 April 2026
  • Bank of Greece: Non-performing loan ratio at the European average 8 April 2026
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  • Intrum Group: Development and Artificial Intelligence at the Center of Greek Businesses
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  • Phoenix Vega Mezz: Losses of €10.6 million in 2025 – References to the Supreme Court and the Middle East
  • Supreme Court: “Hold” on Applications from Swiss Franc Borrowers
  • Intrum’s European Payment Report 2026: Late payments are holding back European growth
  • How much have non-performing loans in the Greek banking system decreased?
  • Swiss franc: Over 7,000 borrowers have applied for loan restructuring
  • The red loan platform is set to go live this fall
  • Expansion into real estate and fintech for servicers
  • On the market for sale, two “packages” of properties from banks
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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