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Home2021

Year: 2021

DBRS: EU banks doubled loan provisions in 2020
News

DBRS: EU banks doubled loan provisions in 2020

31 March 2021 Editors

The cost of risk more than doubled in 2020. In the case of the sample analyzed by Dbrs Morningstar it was 82 bps in 2020, significantly higher than the 35 bps reported in 2019.

First solicited ESG rating for Intrum
News

First solicited ESG rating for Intrum

31 March 2021 Editors

Intrum said it has been assigned its first solicited ESG risk rating by Sustainalytics. Intrum’s score has improved from medium…

First home auctions suspended until end May for those hit by pandemic
News

First home auctions suspended until end May for those hit by pandemic

30 March 2021 Editors

The Justice Ministry submitted to parliament last night an amendment suspending the confiscation and auction of first homes until the…

Intrum Hellas: Support to businesses on the development of the NSRF, Recovery Fund
Highlights

Intrum Hellas: Support to businesses on the development of the NSRF, Recovery Fund

30 March 2021 Konstantinos Papagrigoris

Intrum Hellas has designed and launched a market support mechanism for businesses, even smaller ones, with the aim of helping them restructure and modernize.

Halivourgiki Steel: April 5 decision (?)
News

Halivourgiki Steel: April 5 decision (?)

29 March 2021 Editors

The time has come for the Halyvourgiki saga.
The hearing of the appeal from the National Bank has been set for Monday, April 5 by a Single-Member Court of First Instance of Athens.

Greece’s Recovery Plan: Commitment Is Key to Success
Finance

Greece’s Recovery Plan: Commitment Is Key to Success

29 March 2021 Christos N Konstas

In advance of details of Greece’s final National Recovery and Resilience Plan (RRP) expected this week, according to the draft…

National Bank set to slash NPE ratio at 6% in 2022
News

National Bank set to slash NPE ratio at 6% in 2022

28 March 2021 Editors

Approximately 50% of loans under moratoria have not asked for further support and have returned to normal pre-COVID installment levels.

IMF: European Banks must strengthen NPL management
News

IMF: European Banks must strengthen NPL management

26 March 2021 Christos Ziotis

European Banks remain broadly resilient to the shock caused by the Covid crisis, according to International Monetary Fund (IMF). 

Banks, loan servicers request four changes on Hercules II
Featured

Banks, loan servicers request four changes on Hercules II

26 March 2021 Konstantinos Papagrigoris

They request more flexibility on business plans and the extension of the grace period for the imposition of penalties in case of failures in the execution of business plans of securitizations. to 36 months

S&P: Greek  banks cutting their NPLs ratio to single digits with more securitizations in 2021
Highlights

S&P: Greek banks cutting their NPLs ratio to single digits with more securitizations in 2021

25 March 2021 Editors

A renewed focus on securitization in 2021 could see Greece’s major banks cut their bad loan ratios down to single digits.

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  • 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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  • 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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