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Home2022

Year: 2022

S&P expects NPL in Greece to fall to 8% in 2022
News

S&P expects NPL in Greece to fall to 8% in 2022

29 March 2022 Editors

Standard and Poors expects that   NPEs to fall to about 8% by the end of 202.  The four largest banks…

Increasing trend seen for re-default loan indicators
Featured

Increasing trend seen for re-default loan indicators

29 March 2022 Konstantinos Papagrigoris

Re-default loan indicators and default payments available to servicers are showing increasing trends.

Thousands  Katselis law cases remain without trial
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Thousands Katselis law cases remain without trial

28 March 2022 Konstantinos Papagrigoris

According to banking officials , 50% of the cases of the Katselis law are still pending, ie about 25,000 cases for which no trial has yet to be set.

Alpha Completes Euro 1.3 billion NPLs to Hoist Finance
News

Alpha Completes Euro 1.3 billion NPLs to Hoist Finance

28 March 2022 Editors

Alpha Bank announced that completed  the disposal of a Portfolio of Retail Unsecured Non-Performing Loans, of a total outstanding balance…

Just 137 borrowers settle debts with out-of-court settlement
News

Just 137 borrowers settle debts with out-of-court settlement

27 March 2022 Editors

In February 2022, 12,670 loans were subsidized with 1.4 million euros, which correspond to 7,685 beneficiaries. The total amount of the state subsidy that has been paid to the beneficiaries of the program, until 28.2.2022, amounts to 250.1 million euros.

Binding offers for Ariadne project expected in June
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Binding offers for Ariadne project expected in June

24 March 2022 Konstantinos Papagrigoris

Binding offers for the sale of the “Ariadne” portfolio will be submitted in June, sources say, which includes non-performing loans, with a gross book value of 5.2 billion euros of the banks under special liquidation.

Servicers: No concerns on private loans
News

Servicers: No concerns on private loans

23 March 2022 Konstantinos Papagrigoris

“We have no visible concern about private loans “, stressed the CEO of Quant, Nikos Vardaramatos, at the Moneyreview Banking…

Bankers: No new wave of NPLs recorded in first 3 months
News

Bankers: No new wave of NPLs recorded in first 3 months

23 March 2022 Konstantinos Papagrigoris

Βankers are skeptical about the possibility of a new wave of NPLs, given the current market data, as a result primarily from the rapid increase in energy costs.

Banks: NPls at 15 billion euros
Featured

Banks: NPls at 15 billion euros

22 March 2022 Konstantinos Papagrigoris

The goal of slasing NPLs to European averages, of around 3% more realistic.

DBRS: Greek banks on track to reach 2022 NPL targets
News

DBRS: Greek banks on track to reach 2022 NPL targets

21 March 2022 Editors

The pandemic will likely result in new flows of NPLs. This accounts for DBRS Morningstar’s negative qualitative adjustmen

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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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