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Home2022January

Month: January 2022

Liabilities of public corporations the highest in Greece
News

Liabilities of public corporations the highest in Greece

31 January 2022 Editors

In 2020, there has been a notable increase of guarantees provided in the EU, due to new government guarantee programs in the context of the COVID-19 pandemic.

National Bank to offload €100m repossessed properties portfolio
News

National Bank to offload €100m repossessed properties portfolio

31 January 2022 Editors

National Bank, the country’s largest lender is considering offloading c€100m repossessed properties portfolio, according to press reports. NBG aims to…

Banco Santander puts up for sale a portfolio of 7,000 reperforming mortgages
Global

Banco Santander puts up for sale a portfolio of 7,000 reperforming mortgages

31 January 2022 Christos Ziotis

Apollo, Elliott, Carval, M&G, JP Morgan and Goldman Sachs are the main interested parties in acquiring this portfolio.

Cerberus offers c700 million euros for Alpha Bank’s Sky project
News

Cerberus offers c700 million euros for Alpha Bank’s Sky project

31 January 2022 Christos Ziotis

Binding bids were submitted for the purchase of the Cypriot non-performing exposures from Cerberus and a Bain – Fortesss scheme,

Low number of auctions held in 2021 – just 474 completed
News

Low number of auctions held in 2021 – just 474 completed

28 January 2022 Konstantinos Papagrigoris

The number of property auctions held by banks and debt management companies in 2021 was very low, mainly due to…

Govt agrees with official sector creditors on home protection of vulnerable
Featured

Govt agrees with official sector creditors on home protection of vulnerable

28 January 2022 Konstantinos Papagrigoris

A new agreement had to be reached on what will be valid until the operation of the agency at the beginning of 2023.

Intrum, cash revennues up by 4 % in 2021
News

Intrum, cash revennues up by 4 % in 2021

27 January 2022 Editors

Intrum announced that cash revenues increased by  4 percent, in 2021.  The company said that Q4 2021 has not been…

Cyprus NPLs down by 32 million at the end of October
News

Cyprus NPLs down by 32 million at the end of October

27 January 2022 Editors

Non Perfoming Loans in Cyprus decreased by €32 million at the end of October 2021, compared to the previous month,…

DoValue: New NPEs of 14 billion euros expected 2022 – 2024
News

DoValue: New NPEs of 14 billion euros expected 2022 – 2024

27 January 2022 Konstantinos Papagrigoris

T. Kalantonis : 10 billion euros of non-performing loans that remain on bank balance sheets, with banks continuing either with portfolios sales or through securitizations.

Two thirds of property auctions from funds
News

Two thirds of property auctions from funds

26 January 2022 Konstantinos Papagrigoris

Funds are holding 70.7% of auctions that will take place in 2022. These are over 9,900 auctions that have been posted since the beginning of the year

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MOST READ

  • Credia: Agreement with UCI for the acquisition of a portfolio of serviced mortgages 5 November 2025
  • Cepal manages Piraeus Bank’s Imola project 29 October 2025
  • Alarm bells ringing for restructured loans that are “turning red” again  29 October 2025
  • Karavias: renegotiation with Do Value regarding NPL management fees 31 October 2025
  • A property belonging to the Malamatina family in Mykonos has been sold 31 October 2025
  • Working Meeting by the Hellenic Loan Servicers Association 5 November 2025
News Tags Comments
  • Alpha Bank: Additional provisions for the Gaia, Athena, and Solar projects
  • Record number of new out-of-court settlements in October
  • Alumil: Ends cooperation with servicers – Loans exclusively with banks
  • Why banks are renegotiating servicers’ fees
  • Working Meeting by the Hellenic Loan Servicers Association
  • Credia: Agreement with UCI for the acquisition of a portfolio of serviced mortgages
  • Alpha Bank: Toward a double deal with the purchase of 5 properties by Karpathios and Dromeus Capital
  • Qualco: New partnership in the French market with France Contentieux
  • Suspension of auctions for 12 months for those affected by the fires of summer 2025
  • Eurobank’s NPEs remain stable
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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