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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

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Auction Auctions of non-performing loans worth 3 billion euros are coming up 22 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Alpha Bank Completes Project Athena – €200 Million NPL Portfolio Transferred to Fortress 28 September 2026
  • Bracebridge Capital Invests in NPLs and Real Estate 22 September 2026
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances 30 September 2026
News Tags Comments
  • The Mezz Paradox: What the Market Sees in Phoenix, Sunrise and Cairo
  • What Do the Government’s Measures for Servicers Entail?
  • Servicers see “gray areas” in Pierrakakis’s new measures
  • Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances
  • Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000
  • SYRIZA Also Weighs In on the Private Debt Issue
  • Swiss Franc: 15,000 Loans Converted to Euros – “Haircut” of Up to 50% and Fixed Interest Rate of Up to 2.9%
  • European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn
  • Project Athena and the Development of the Loan Market
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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