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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

  • Intrum obtains required creditor consents for portfolio sale to Brocc Finance above book value 3 July 2026
  • doValue: €2.66 million per year from the Greek subsidiary to the Italian parent company for IT services 7 July 2026
  • Qualco Bets on AI to Drive Growth, Expands into Asia and Reaffirms 2026 Guidance 1 July 2026
  • Intrum’s rights issue oversubscribed 1 July 2026
  • The Katseli Regulation Impacts Mezzanine Securities 30 June 2026
  • Intrum announces launch of euro-denominated senior secured notes due 2031 6 July 2026
News Tags Comments
  • Intrum resolves on a directed issue of approximately SEK 500 million as part of the directed issue of approximately SEK 1.5 billion
  • The Next Steps Following the Supreme Court’s Ruling on Katseli Loans
  • HSBC Pulls Back from Higher-Risk Private Credit Lending
  • Bank of Greece: Response to the extrajudicial statement of entities regarding “red” loans
  • doValue: €2.66 million per year from the Greek subsidiary to the Italian parent company for IT services
  • Why are Mezz stocks under pressure?
  • Intrum announces launch of euro-denominated senior secured notes due 2031
  • IMF Identifies Key Obstacles Holding Back Greece’s Foreclosure Auctions
  • Foreclosures: Nearly 300,000 Properties Stuck in the Pipeline as Buyers Stay Away
  • Intrum obtains required creditor consents for portfolio sale to Brocc Finance above book value
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue doValue Greece Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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