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Home2021

Year: 2021

Bind bids on Logothetis loans expected today
News

Bind bids on Logothetis loans expected today

19 March 2021 Konstantinos Papagrigoris

Binding bids on project Pivot, the sale of problems loans belonging to shipowner George Logothetis, are expected to be submitted…

Zavvos  Greece will pass the new law for Hercules by April 10th
Featured

Zavvos Greece will pass the new law for Hercules by April 10th

19 March 2021 Editors

The new law for the Asset Protection Scheme, Hercules 2 will be voted by April 10th, George Zavvos Deputy Finance Minister said at the NPL Summit. 

NPL Summit 2021: “NPLs are driving force of the real estate market”
News

NPL Summit 2021: “NPLs are driving force of the real estate market”

19 March 2021 Konstantinos Papagrigoris

The market can absorb a large number of properties. We come from a ten-year crisis. The macro-environment in the country is improving while we have strong demand from abroad.

NPL Summit 2021: New Bankruptcy Law. What changes for businesses, households
Analysis

NPL Summit 2021: New Bankruptcy Law. What changes for businesses, households

18 March 2021 Editors

The law on debt settlement and the provision of a second chance (the new bankruptcy law) was focused upon in…

G. Pavlatos: NPL deals of €12bn  close in the coming months
Experts

G. Pavlatos: NPL deals of €12bn close in the coming months

18 March 2021 Editors

Τhe Greek NPL market has gone through its stage of infancy and is now showing signs of maturity, which is…

Panousis: Prolonged freeze on enforcement measures prompts domino effect
News

Panousis: Prolonged freeze on enforcement measures prompts domino effect

18 March 2021 Konstantinos Papagrigoris

 The CEO of doValue Greece and President of the Association of Loan and Credit Claims Management Companies, Tassos Panousis, spoke…

Staikouras: Four steps to cut NPLs, support borrowers
Highlights

Staikouras: Four steps to cut NPLs, support borrowers

18 March 2021 Editors

Finance Minister Christos Staikouras presented to the NPL Summit four initiatives taken by the government to further reduce NPLs and…

ECB welcomes the extension of APS “Hercules”
News Feed

ECB welcomes the extension of APS “Hercules”

18 March 2021 Editors

Elizabeth Mc Caul  Member of the Supervisory Board of the ECB, speaking at NPL Summit 2021 said that Greek banks have made remarkable progress in dealing with a heavy legacy of NPLs

Lawmakers to vote on Hercules 2 by April 16
Highlights

Lawmakers to vote on Hercules 2 by April 16

17 March 2021 Konstantinos Papagrigoris

The Finance Ministry has been busy working on in the last few days the draft bill concerning Hercules 2. As…

Piraeus Bank announced  EUR1bn  capital increase to cut NPE ratio at 9%
Featured

Piraeus Bank announced EUR1bn capital increase to cut NPE ratio at 9%

17 March 2021 Editors

Piraeus Bank announces EUR1bn non-pre-emptive capital increase to facilitate fast-track de-risking. The bank aims to reduce NPE ratio below 9% NPE in a year, from 35% currently.  

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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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