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Home2022December

Month: December 2022

Non binding offers on Heliopolis and Suez portfolios expected this week
Featured

Non binding offers on Heliopolis and Suez portfolios expected this week

19 December 2022 Editors

Dovalue expects this week non-binding offers on the Suez and Heliopolis portfolios with strong interest seed due to the nature…

Elements Capital in talks with Intrum for Starbucks debt
Business

Elements Capital in talks with Intrum for Starbucks debt

16 December 2022 Editors

Cypriot fund Elements Capital Management, the main shareholder of FAMAR, is in negotiations with banks and servicers for the acquisition…

Piraeus Bank NPE ratio drops below 7.5% after MIG swap
Featured

Piraeus Bank NPE ratio drops below 7.5% after MIG swap

15 December 2022 Editors

The debt swap agreement with MIG has brought some positive results for Piraeus Bank’s balance sheet as its NPE ratio…

Glafka Capital looks for new bad loan deals
Business

Glafka Capital looks for new bad loan deals

14 December 2022 Editors

Glafka Capital, the London-based investment company with Greek interests, is considering new investments in Greece. After the recent agreement with…

SSM warns of NPLs and real estate
Highlights

SSM warns of NPLs and real estate

14 December 2022 Editors

The Single Supervisory Mechanism (SSM) has warned about new NPLs that may be created in certain sectors of the European…

Changes to the extrajudicial mechanism examined
Featured

Changes to the extrajudicial mechanism examined

13 December 2022 Editors

New improvements to the out-of-court mechanism are being discussed by management companies and banks with the Special Secretariat for Private…

Stournaras: “The amount of new NPLs will be manageable”
Interviews

Stournaras: “The amount of new NPLs will be manageable”

13 December 2022 Editors

“There will be new NPLs, as a result of rising interest rates and the reduction of disposable income from inflation.…

Courts reject eight in ten applications for home foreclosures
Highlights

Courts reject eight in ten applications for home foreclosures

13 December 2022 Editors

There has been a significant increase in the number of court decisions preventing home auctions from servicers as a result…

Fin Min Staikouras in talks with servicers on supporting the vulnerable
Featured

Fin Min Staikouras in talks with servicers on supporting the vulnerable

12 December 2022 Editors

The government has reportedly been in contact with debt servicers, in order for them to participate in an effort to…

National Bank rubber stamps Mirage project deal
News

National Bank rubber stamps Mirage project deal

9 December 2022 Editors

National Bank has announced the completion of the sale of 51% of NBG Pay SA. to EVO Payments (project Mirage)…

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MOST READ

  • Intrum obtains required creditor consents for portfolio sale to Brocc Finance above book value 3 July 2026
  • doValue: €2.66 million per year from the Greek subsidiary to the Italian parent company for IT services 7 July 2026
  • Qualco Bets on AI to Drive Growth, Expands into Asia and Reaffirms 2026 Guidance 1 July 2026
  • Intrum’s rights issue oversubscribed 1 July 2026
  • Intrum announces launch of euro-denominated senior secured notes due 2031 6 July 2026
  • The Katseli Regulation Impacts Mezzanine Securities 30 June 2026
News Tags Comments
  • Out-of-Court Settlement Mechanism: 1,800 New Settlements in June
  • QQuant Master Servicer’s Legal Battles
  • Piraeus Bank: Restructuring Its Real Estate Portfolio
  • Intrum resolves on a directed issue of approximately SEK 500 million as part of the directed issue of approximately SEK 1.5 billion
  • The Next Steps Following the Supreme Court’s Ruling on Katseli Loans
  • HSBC Pulls Back from Higher-Risk Private Credit Lending
  • Bank of Greece: Response to the extrajudicial statement of entities regarding “red” loans
  • doValue: €2.66 million per year from the Greek subsidiary to the Italian parent company for IT services
  • Why are Mezz stocks under pressure?
  • Intrum announces launch of euro-denominated senior secured notes due 2031
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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