2021 - Page 42 of 71 - NPL Confidential

Alumil sells subsidiary to reduce liabilities of parent

21 May 2021 Editors

Alumil’s announcement that the group’s subsidiary in Bulgaria (Alumil Bulgaria) has signed a preliminary agreement for the sale of real…

Αlpha Bank explores possibility to raise around EU0,8B

21 May 2021 Editors

Αlpha Bank announced that in the context of revising
its 3-year strategic plan, it has engaged JP Morgan and Goldman Sachs Bank Europe SE to explore the possibility of raising growth capital.

National Bank completes the sale of a Romanian NPL portfolio to Bain Capital

20 May 2021 Editors

National Bank of Greece completed the sale of a Romanian risk non – performing loan portfolio, dubbed as “Project Danube“,…

Cairo Mezz general assembly set for June 11 – Issues on agenda

20 May 2021 Editors

The annual general meeting of Cairo Mezz Plc will be held on Friday, June 11 at 15.00. Taking into account…

Intrum – DoValue battle it out for Frontier project – Binding bids expected June 7

20 May 2021 Konstantinos Papagrigoris

The sale of National Bank’s 6.1-billion-euro Frontier is evolving into a battle between Intrum and DoValue, sources.

ECB: Investment fund may be vulnerable to an interest rate hike

20 May 2021 Editors

The European Central Bank in its latest Financial Stability review estimates that investment funds may be vulnerable to a global…

Οxford Economics Greece’s RRP stands out

20 May 2021 Editors

The plan also assumes €12.7bn of loans for investments co-financed by private investors. Therefore, Oxford Economics revised its forecast for private investment.

reek banks’ ECB funding at EUR44.5bn in April

20 May 2021 Editors

Based on the monthly Bank of Greece financial statement, Greek banks’ aggregate reliance on Eurosystem funding was flattish m-o-m at…

ΕCB sees potential for bank credit risk to worsen

19 May 2021 Editors

Rallies in many financial markets and higher prices in euro area residential real estate markets, increasing worries about overvaluation and the potential for abrupt asset price corrections.

Problem loans in tourism pose threat to banks

19 May 2021 Editors

Loans to the tourism business pose a major threat to Greek banks. At the same time, though, estimates from loan servicers on the level of bad debt to emerge from the pandemic are dropping.