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Home2022January

Month: January 2022

Mortgage subsidies of 503 mln euros paid through Gefyra programs
News

Mortgage subsidies of 503 mln euros paid through Gefyra programs

12 January 2022 Editors

Greece’s two Gefyra subsidy programs have provided total support of 503.3 million euros to 86,199 borrowers, as announced by the…

Significant gains on strong volumes for Cairo Mezz and Phoenix Vega Mezz
News

Significant gains on strong volumes for Cairo Mezz and Phoenix Vega Mezz

12 January 2022 Konstantinos Papagrigoris

Since the beginning of the year, the shares have already recorded an increase of 14.42% and 10.02% respectively with high trading volumes

EBA: Asset quality for EU banks has improved in Q3 2021
Featured

EBA: Asset quality for EU banks has improved in Q3 2021

11 January 2022 Christos Ziotis

TheNPL ratio of accommodation and food service activities decreased by 20bps to 9.5% and for arts, entertainment, and recreation by 50bps to 7.7%

Piraeus Bank close to buy HSBC’s Greek arm
News

Piraeus Bank close to buy HSBC’s Greek arm

11 January 2022 Editors

Piraeus Bank is said to be close to buying HSBC’s Greek arm. The deal is about to finalize in the…

Piraeus Bank reach an agreement  for ANEK loans
Highlights

Piraeus Bank reach an agreement for ANEK loans

10 January 2022 Editors

Piraeus Bank is said to buy from Alpha Bank ANEK’s loan of 60 million euros book value.

Intrum invested  600 mln euros in Greece
News

Intrum invested 600 mln euros in Greece

10 January 2022 Konstantinos Papagrigoris

The total value of Intrum’s direct investments in Greece, which completes four years of doing business in the country, amounts…

Delay in Real Estate Acquisition Agency prompts  new mortgage subsidy
Highlights

Delay in Real Estate Acquisition Agency prompts new mortgage subsidy

10 January 2022 Editors

The subsidy of mortgage installments to vulnerable households will be granted again this year by the Ministry of Finance as…

ΑVE sets a priority to limit liabilities  
News

ΑVE sets a priority to limit liabilities  

10 January 2022 Editors

Regarding its target to reduce bank liabilities of c 100 million euros , its main shareholder  – the family of N. T. Vardinogiannis – has made several contacts with the banks.

V.Psaltis , Alpha Bank cut its NPE ratio by 26%
News

V.Psaltis , Alpha Bank cut its NPE ratio by 26%

10 January 2022 Editors

Alpha Bank in 2022 has completed a series of complex transactions to achieve the reduction of NPE ratio by 14…

Servicers, central bank look for ways to raise capital to finance companies
Highlights

Servicers, central bank look for ways to raise capital to finance companies

10 January 2022 Konstantinos Papagrigoris

Quant and Cepal have expressed their interest in proceeding with direct financing options.

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MOST READ

  • Agreement between doValue, National Bank, and Eurobank for the return of housing loans 26 May 2025
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans 28 May 2025
  • The ECB raises an alarm for financial stability 21 May 2025
  • The two “thorns” for managing NPEs 19 May 2025
  • EU: New delay for Basel III 26 May 2025
News Tags Comments
  • What Pierrakakis and servicers discussed: How 25,000 properties will be utilized
  • Mylonas (NBG): How restructured NPEs will return to the bank’s portfolio
  • Foreclosures of 900 million by servicers in 2024
  • Comprehensive stress tests for non-bank institutions by the EU
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans
  • It’s a matter of time for the regulation on loans in Swiss francs
  • Reductions in balances in the “Hercules” securitizations in Q1 2025
  • The final settlements of “red” loans by servicers are increasing
  • Why are the properties of the servicers not being utilized?
  • EU: New delay for Basel III
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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