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Home2022October

Month: October 2022

National Bank’s Rafale project goes for 2023 take off
Finance

National Bank’s Rafale project goes for 2023 take off

25 October 2022 Editors

National Bank is postponing the tender process for the Rafale project to 2023. According to sources, the bank’s management, together…

How much did the out-of-court mechanism cost banks and servicers?
Buzz Talk

How much did the out-of-court mechanism cost banks and servicers?

25 October 2022 Editors

Expensive investments on the part of both the banks and the servicers were required to prepare the out-of-court mechanism. As…

Galaxy Cosmos Mezz: Decrease of the share capital of Alpha Services and Holdings S.A. in kind
News Feed

Galaxy Cosmos Mezz: Decrease of the share capital of Alpha Services and Holdings S.A. in kind

24 October 2022 Phil Karametos

Alpha Services and Holdings S.A. (“Alpha Holdings”) announces that the Ordinary General Meeting of its Shareholders held on July 22,…

SUNRISEMEZZ: The last trading day
Highlights

SUNRISEMEZZ: The last trading day

24 October 2022 Phil Karametos

Piraeus Financial Holdings S.A. (“Piraeus Holdings” or “Company”) announces that the Annual General Meeting of its shareholders, held on 22.07.2022,…

Alexandra Fatsea (Intrum): “80% of collections come from consensual solutions”
Featured

Alexandra Fatsea (Intrum): “80% of collections come from consensual solutions”

24 October 2022 Editors

Consensual solutions account for 80% of servicers’ receipts, with auctions accounting for just 20% of them. According to the general…

How many phone calls did loan servicers receive (and answer) in the last year?
News

How many phone calls did loan servicers receive (and answer) in the last year?

24 October 2022 Editors

The president of the Association of Loan and Credit Claims Management Companies (EEDADP) and managing director of doValue Greece, Tasos…

Athanasopoulos (Cepal): “We can restructure but not liquidate?”
Experts

Athanasopoulos (Cepal): “We can restructure but not liquidate?”

24 October 2022 Editors

The vice-president of the Union of Loan and Credit Claims Management Companies and CEPAL Hellas managing director, Theodoros Athanasopoulos, addressed the legalization,…

How servicers, banks have performed on restructurings via extrajudicial mechanism
Analysis

How servicers, banks have performed on restructurings via extrajudicial mechanism

21 October 2022 Editors

Finance Minister Christos Staikouras presented in parliament detailed data on the performance of financial institutions on regulating NPLs through the…

Panousis: securitization business plans under threat
Featured

Panousis: securitization business plans under threat

21 October 2022 Editors

The president of the Association of Loan and Credit Receivables Management Companies, Tasos Panousis, rang alarm bells on the progress of…

Galaxy Cosmos Mezz Plc: The schedule of the inclusion of the shares in EN.A. PLUS
News

Galaxy Cosmos Mezz Plc: The schedule of the inclusion of the shares in EN.A. PLUS

21 October 2022 Editors

Galaxy Cosmos Mezz Plc (“Galaxy Cosmos Mezz” or the “Company”) announces that on October 20, 2022 the Athens Exchange (“the…

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MOST READ

  • Agreement between doValue, National Bank, and Eurobank for the return of housing loans 26 May 2025
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans 28 May 2025
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • The ECB raises an alarm for financial stability 21 May 2025
  • The two “thorns” for managing NPEs 19 May 2025
  • Reductions in balances in the “Hercules” securitizations in Q1 2025 27 May 2025
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  • Extrajudicial: 20% increase in arrangements after legislative improvements
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds
  • BoG: New 6.8% rise in apartment prices
  • What Pierrakakis and servicers discussed: How 25,000 properties will be utilized
  • Mylonas (NBG): How restructured NPEs will return to the bank’s portfolio
  • Foreclosures of 900 million by servicers in 2024
  • Comprehensive stress tests for non-bank institutions by the EU
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans
  • It’s a matter of time for the regulation on loans in Swiss francs
  • Reductions in balances in the “Hercules” securitizations in Q1 2025
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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