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Home2022February

Month: February 2022

Loan servicers set up real estate subsidiaries
News

Loan servicers set up real estate subsidiaries

16 February 2022 Konstantinos Papagrigoris

  Debt management companies are setting up real estate companies (ROE) in order to face the next and most demanding phase…

EBRD helps Turkey to tacle NPLs
News

EBRD helps Turkey to tacle NPLs

15 February 2022 Editors

In a move to help Turkey tackle the expected increase in non-performing loans (NPLs) in its banking sector due to…

Piraeus Bank: the 5 steps to reduce NPEs to 7% in H1
Featured

Piraeus Bank: the 5 steps to reduce NPEs to 7% in H1

15 February 2022 Konstantinos Papagrigoris

n the first half of this year, the bank is expected to securitize up-to-date mortgage and business loans of 2.5 billion euros and through this process reduce the risk of its weighted assets by 1.2 billion euros

Alpha Bank completing “Project Sky”
News

Alpha Bank completing “Project Sky”

14 February 2022 Christos Ziotis

The completion of “Project Sky”, the largest sale of NPL portfolio ever carried out by a Greek bank and the…

Debt payments instead of Valentine’s present
News

Debt payments instead of Valentine’s present

14 February 2022 Editors

Consumers in Greece, Romania, Spain, and Ireland are also among those who are quick to limit their romantic spending.

Alpha Banks sells 2.4 billion euros NPLs to Cerberus
News

Alpha Banks sells 2.4 billion euros NPLs to Cerberus

14 February 2022 Editors

AlphaBank entered into a binding agreement with Cerberus for the sale of a Cypriot portfolio of nonperforming loans and real estate properties with a total gross book value of Euro NPL2.4 billion (Project Sky). The biggest NPL sales in the Greek market.

PQH expectations on Ariadne sale dropping
Featured

PQH expectations on Ariadne sale dropping

11 February 2022 Editors

Expectations are being lowered on the amount that PQH can receive from the NPL sale package of 5.5 billion euros known as the ARIADNE Project.

Steggos family makes dynamic entry into NPL market
News

Steggos family makes dynamic entry into NPL market

10 February 2022 Konstantinos Papagrigoris

The Steggos family of Technical Olympic is making a dynamic entry into the NPL market and electronic auctions, anticipating significant…

EBA stops banks from buying back cured loans
Featured

EBA stops banks from buying back cured loans

10 February 2022 Konstantinos Papagrigoris

The European Banking Authority is blocking for at least the next year’s plans by banks to gradually proceed with the repurchase of cured loans from loan servicers.

ECB: Greek banks to step up the pace of offloading bad debt
News

ECB: Greek banks to step up the pace of offloading bad debt

9 February 2022 Editors

Greek banks have made substantial “substantial progress” in offloading bad debt, while the pandemic’s impact on newer credit has so…

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MOST READ

  • The solution for loans in Swiss francs is… coming 25 June 2025
  • Panousis (doValue): “In five months, FinTHESIS has communicated with or advised over 8,000 potential borrowers” 16 June 2025
  • Damage of over one billion euros in case of recalculation of installments on Katseli loans 16 June 2025
  • Tsakalotos: The new strategy of Qualco 24 June 2025
  • Interest of foreign investors in “green” loans 16 June 2025
  • The Bank of Greece sees a slowdown in the real estate market 20 June 2025
News Tags Comments
  • Edrasi: The price for the auction of a property in Koropi is set at 19 million euros – The role of servicers
  • Bankruptcy Law – What problems does the IMF identify for Greece
  • By the end of 2025, the establishment of the Real Estate Agency
  • In a top position at UBS, St. Papapanagiotou
  • The solution for loans in Swiss francs is… coming
  • Grivalia is seeking 90 million for a new real estate fund
  • The critical problem of the Swiss franc
  • YALCO: New chapter after drastic “haircut” by B2Holding
  • Cooperation between banks, servicers, and the Ministry of Finance for the property deficit
  • Tsakalotos: The new strategy of Qualco
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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