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Home2022February

Month: February 2022

Sale of slice of Galaxy project amounting to 200 mln euros to Brook Lane
News

Sale of slice of Galaxy project amounting to 200 mln euros to Brook Lane

2 February 2022 Konstantinos Papagrigoris

The sale is a challenge for loan servicers, given that the secured loans have guarantees from Hercules in terms of their senior part

Three moves by Piraeus Bank to further slash NPEs early in 2022
Featured

Three moves by Piraeus Bank to further slash NPEs early in 2022

1 February 2022 Konstantinos Papagrigoris

The bank will move ahead with: the securitization of the Sunrise 3 portfolio worth 800 million euros, and the sales of two more portfolios with a total value of 1.2 billion euros.

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  • Banks: €10 billion in liquidity from synthetic securitizations 30 December 2025
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio 9 January 2026
  • Source: Eurokinissi EFKA: Collection of insurance debts exceeding €50 billion in private hands 7 January 2026
  • The sale of Cairo III will be finalized in early February 12 January 2026
  • Alpha Bank: Target revenue of €50 million from leases in 2026  5 January 2026
  • Tzirakian: New 4-year loan repayment plan with Piraeus Bank and doValue 9 January 2026
News Tags Comments
  • 12.005 auctions were posted for 2026
  • Scope for European Banks: Bad Loans and Risks
  • Intrum announces sale of portfolios for EUR 215m, above book value
  • The sale of Cairo III will be finalized in early February
  • When will the new platform for auction appeals go live?
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio
  • Tzirakian: New 4-year loan repayment plan with Piraeus Bank and doValue
  • The European Court of Justice will decide on penalties for servicers
  • Capital reduction for INTRUM BTB
  • Starbucks’ NPEs at Eurobank, Alpha, and Piraeus
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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