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Home2021

Year: 2021

Α. Εnria: Αround 40% of EU banks sweep NPL problem under the carpet
Editorial

Α. Εnria: Αround 40% of EU banks sweep NPL problem under the carpet

6 May 2021 Editors

“About two in five banks… have significant gaps in terms of what we expect.”

Cairo Mezz: Why no revenue was booked for 2020
News

Cairo Mezz: Why no revenue was booked for 2020

6 May 2021 Konstantinos Papagrigoris

  The year 2020 ended without revenue for the newly established company Cairo Mezz, as a result of the first…

Greek NPLs traded in Q1 hit 16 bln euros
News

Greek NPLs traded in Q1 hit 16 bln euros

6 May 2021 Konstantinos Papagrigoris

Greek banks topped the European NPL market in the first quarter of the year trading 16 billion euros, knocking Italian banks from the first position.

EBA launches discussion on NPL data templates
Featured

EBA launches discussion on NPL data templates

5 May 2021 Editors

The EBA is improving its data templates on non-performing loans (NPLs) as a key action in facilitating sales of NPLs and the functioning of the secondary markets for NPLs.

ECB:NPL increase in H2 2021 will be less acute than expected
Highlights

ECB:NPL increase in H2 2021 will be less acute than expected

4 May 2021 Editors

 The European Central Bank expects an increase in non – performing loans in the second half of the year, but it will not be as acute as it was expected at the start of the pandemic. 

Intrum: Cash revenues increased 6% in Q1 2021
News

Intrum: Cash revenues increased 6% in Q1 2021

29 April 2021 Editors

Intrum announced in its Q1 2021 interim report, strong performance in the quarter with cash revenues growing 6 percent in…

Eurobank issues €500 million in Senior Preferred debt
News

Eurobank issues €500 million in Senior Preferred debt

29 April 2021 Editors

Eurobank closed its first bond transaction of 2021 in wholesale capital markets, issuing preferred senior debt with a value of…

Official sector creditors recommend changes to bankruptcy code
Featured

Official sector creditors recommend changes to bankruptcy code

29 April 2021 Konstantinos Papagrigoris

Improvements for faster and more efficient business bankruptcy for the post-Covid economy were decided by Eurozone member states at the last Eurogroup.

S&P upgrades Greek banks’ credit ratings by a notch, outlook stable
News Feed

S&P upgrades Greek banks’ credit ratings by a notch, outlook stable

28 April 2021 Editors

After its Friday evening sovereign rating upgrade (to ‘BB’ from ‘BB-‘), S&P raised yesterday the credit ratings of Greek banks…

Attica Bank will proceed with a 1,25 billion euros NPL securitization
Highlights

Attica Bank will proceed with a 1,25 billion euros NPL securitization

28 April 2021 Editors

Attica Bank  decided to proceed with the securitization “Omega”, which includes the
loans/credits of the existing securitization under the name “Artemis” of the almost total
portfolio of the non-performing exposures of the Bank

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MOST READ

  • Eurobank is preparing a second step-up loan securitization 26 October 2026
  • Who is PPC’s legal counsel for the new €675 million securitization 26 October 2026
  • Alpha Bank: Skyline Project to Be Completed Two Years Ahead of Schedule  23 October 2026
  • Bank of Greece warns over €1.7bn in new NPLs amid energy and geopolitical risks 23 October 2026
  • Balance sheet strengthened, Servicing income still under pressure and Investing volumes increased 23 October 2026
  • Non-Performing Loans: What Changes Are Loan Servicers Seeking in the New Bill? 23 October 2026
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  • What Servicers Say About Article 23
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  • Up to 28,600 euros in savings for borrowers thanks to the Ministry of Finance’s amendment
  • Loan Servicers: Maximum Fines Increased Tenfold to €5 Million – Stricter Regulatory Framework for Debt Management Companies
  • CrediaBank Acquires €37.4 Million Portfolio of Re-Performing Mortgage Loans in Landmark Deal for Greek Banking Market
  • Eurobank Reviews CHF 580 Million Loan Portfolio as Part of Balance Sheet Clean-Up
  • Galaxy Cosmos Mezz Receives €1.2 Million in Coupon Payments
  • Servicers Explain Their Absence from Parliamentary Hearing, Citing Last-Minute Invitation
  • Servicers: Strong Discontent Over Withdrawal of Article 23 – Faster Debt Recoveries Now in Limbo
  • Article 23: Truths and Exaggerations
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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