March 2022 - Page 4 of 5 - NPL Confidential

National Bank weighs up financing part of Ariadne project

9 March 2022 Konstantinos Papagrigoris

It is unclear whether the CEO of National Bank, Pavlos Mylonas, decides to lift the burden of financing on his own as the price is estimated to exceed 750 million euros.

Greek Banks to review the targets for NPE ratio for 2022

8 March 2022 Editors

According to sources, it is very likely that the banks’ management will be forced to revise their forecasts for the NPE ratio index for this year.

Incentive Program to Intrum’s Proposed Chairman

7 March 2022 Christos Ziotis

The Board of Directors of Intrum AB has been informed by its largest shareholder, a Nordic Capital controlled entity, that it…

Banks: New 15-month protection for vulnerable borrowers

4 March 2022 Konstantinos Papagrigoris

Given that the Agency will not be ready to operate before March 2023, the transitional regime will last for 15 months.

P. Kapasouris (Teiresias): Large changes being recorded in credit offices

3 March 2022 Konstantinos Papagrigoris

Now Teiresias has to provide information 24/7 all hours and days of the week, which is a key point in the era of digitization.

Stournaras NPLs in Greece is an impediment to new loans

3 March 2022 Christos Ziotis

The NPL ratio of Greek Banks remains the highest in the Eurozone and is an mpediment to credit expansion, especially…

Ioannou (NBG): the four factors that will determine the course of NPEs

3 March 2022 Editors

Given that Greek banks have set a goal of reducing non-performing exposure (NPEs) to single digits by the end of…

Loan restructuring and moratoria of 8.5 bln euros from Intrum Hellas

3 March 2022 Editors

Intrum Hellas has already repaid business loans of over 450 million euros and is implementing a corresponding repayment plan for all loans related to sustainable businesses.

Property auctions for vulnerable households freeze

2 March 2022 Editors

Greece announced its intention today to continue supporting vulnerable households, according to Prime Minister Kyriakos Mitsotakis.

Why the Ariadne project brought together the mega consortium

2 March 2022 Konstantinos Papagrigoris

Italy’s doValue had agreed with Bain and Fortress, to bid for the project in question together, with the head of the Italian Group, Andrea Mangoni, recently admitting that the bidding process will be very competitive.