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Home2022February

Month: February 2022

Debt managers restructure 84,000 loans worth 3.5 bln euros in 2021
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Debt managers restructure 84,000 loans worth 3.5 bln euros in 2021

28 February 2022 Editors

Through the management companies, loans amounting to over 2.8 billion euros were reclassified in 2021 as “serviced” and returned to sound bank portfolios

Cyprus bad loans remained flat in November at €4,2 billon
News

Cyprus bad loans remained flat in November at €4,2 billon

28 February 2022 Editors

Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from…

Non-binding offers on Ariadne portfolio due today
News

Non-binding offers on Ariadne portfolio due today

28 February 2022 Konstantinos Papagrigoris

In addition to Fortress, Bain, doValue consortium, this portfolio will be sought after by all major investment funds, including Intrum and Davidson Kempner.

Offers on doValue properties pushed back to April
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Offers on doValue properties pushed back to April

25 February 2022 Konstantinos Papagrigoris

The auction of offices st to be held by doValue has been pushed back to the start of April due to the intervention of a third private creditor of businessman Loukas Ellinas.

doValue receive three  strong offers on offices for sale
News

doValue receive three strong offers on offices for sale

24 February 2022 Konstantinos Papagrigoris

The liquidation of the three real estate assets (office space) is being discussed in court today, in a sale being…

Greece sets up a Credit Rating Register
News

Greece sets up a Credit Rating Register

24 February 2022 Editors

The Ministry of Finace is preparing a  a credit rating register for individuals and corporations.   The independent Credit Assessment…

Intrum introduces professional insurance fund for employees
Featured

Intrum introduces professional insurance fund for employees

24 February 2022 Konstantinos Papagrigoris

The Intrum group has set up a professional fund for its employees with the aim of strengthening ties with employees…

E.U NPL ratio in Greece declined strongly but vulnerabilities remain
Featured

E.U NPL ratio in Greece declined strongly but vulnerabilities remain

23 February 2022 Editors

The challenge for banks to rely more on viable restructuring solutions is illustrated by the fact that, out of the total amount of EUR 22.8 billion of restructured (i.e. forborne) loans in the banks’ loan book at end-June 2021, 17.7% had re-defaulted .

1,000 properties change hands per month through auctions
News

1,000 properties change hands per month through auctions

23 February 2022 Editors

About 40 properties change hands every day, through electronic auctions, as after several months the relevant procedure is picking up…

PQH  to receive non binding bids for Ariadni late February
News

PQH to receive non binding bids for Ariadni late February

22 February 2022 Editors

PQH  is said to receive in late February initial interest in the sale process of the EUR 5.2bn Ariadni NPEs…

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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
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  • 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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