Month: May 2022

This is the first application for a state guarantee, after the decision of the Ministry of Finance to freeze the Hercules II program, until the issue raised by Eurostat is clarified, whether the state guarantees in the senior securitization notes are included in public debt.

The bank is launching the sale of residential and commercial properties of 100 million euros.

Today, we are all better prepared than ever to use all the tools available,” Fatsea said, referring to the positive treatment of debtors, the ability of servicers to handle even the most complex cases

Sources from both the banks and the Servicers point out that even with the worst conditions, the Greek “Hercules” Asset Protection Scheme and its state guarantees are very well fortified.