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Home2021

Year: 2021

Skertsos: “The bad bank is very expensive”
News

Skertsos: “The bad bank is very expensive”

27 April 2021 Editors

Deputy minister to the Prime Minister, Akis Skertsos, explained the reasons why the Greek government did not accept in principle…

Loans from shipowner Logothetis go to Davidson Kempner for 83 mln euros
Featured

Loans from shipowner Logothetis go to Davidson Kempner for 83 mln euros

27 April 2021 Konstantinos Papagrigoris

The sale of problem loans issued to the Libra group owned by shipowner George Logothetis was finally completed at a smaller than expected price.

Eurobank submits application to include Mexico project in Hercules II
News

Eurobank submits application to include Mexico project in Hercules II

26 April 2021 Konstantinos Papagrigoris

Εurobank has set a May 14 deadline for its teams to complete audits on loans making up the Mexico project, Εurobank has set a May 14 deadline for its teams to complete audits on loans making up the Mexico project.

S&P: Greek Bank’s NPE ratio to drop below 20% by end-2022.
News

S&P: Greek Bank’s NPE ratio to drop below 20% by end-2022.

24 April 2021 Editors

In its latest report on the Greek sovereign rating upgrade, Standard and Poors estimate that one of the keys to a faster economic recovery is a drop in banks’ NPEs since it would spur private-sector credit. 

Loan servicers take on management of bond loans
News

Loan servicers take on management of bond loans

23 April 2021 Editors

Loan management companies will also be able to manage bond loans, assuming the role of representing bondholders in the place…

Cyprus Central Bank warns of an increase in NPLSs
News

Cyprus Central Bank warns of an increase in NPLSs

23 April 2021 Editors

The governor of the Central Bank of Cyprus Constantinos Heredotou warned on Tuesday of an impending increase in non-performing loans…

Restructuring deal coming for 40,000 borrowers of Katseli law
News

Restructuring deal coming for 40,000 borrowers of Katseli law

23 April 2021 Konstantinos Papagrigoris

A restructuring arrangement for 40,000 borrowers of the Katseli law is being drafted by the government.

Official sector creditors push for faster cuts to NPLs
News

Official sector creditors push for faster cuts to NPLs

22 April 2021 Konstantinos Papagrigoris

Banks and loan servicers have held repeated teleconferences this week with Greece’s official sector creditors on the progress of reforms in the Greek banking system, in the context of the 10th post-memorandum evaluation of the country

Fitch expects NPL ratio for Greek banks to fell below 30% 2021
Analysis

Fitch expects NPL ratio for Greek banks to fell below 30% 2021

21 April 2021 Editors

Fitch anticipates the impaired loan ratio for the Greek banking
sector to decrease to below 30% at end-2021 from 36% at end-September 2020

Piraeus Bank says that expiration of moratoria may increase NPEs
News

Piraeus Bank says that expiration of moratoria may increase NPEs

21 April 2021 Editors

Expiration or scale-down of COVID-19 related moratoria may increase the bank’s level of NPEs, Piraeus Bank said in a prospectus…

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  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Objections to Seizures 18 August 2026
  • Digital Platform for Non-Performing Loans 18 August 2026
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging 25 August 2026
  • The loss per bank for loans under the Katseli Law 14 August 2026
  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026 14 August 2026
News Tags Comments
  • New company from Cepal with capital of 8 million
  • Katseli law loans: Banks and servicers race to finalise new repayment schedules by November
  • Alpha Bank aims for a 1 billion real estate portfolio
  • Bank of Cyprus Held €341 Million in REOs
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging
  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
  • Objections to Seizures
  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
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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