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Home2022

Year: 2022

Requirmentes imposed by the New NPL  EU Directive 2021/2167
News

Requirmentes imposed by the New NPL EU Directive 2021/2167

14 March 2022 Christos Ziotis

The main purpose of the NPL Directive is to ensure that an NPL borrower is not disadvantaged by the sale of an in-scope NPL, mostly through the mandatory engagement of credit servicers. 

No extension for Gefyra support programs
News

No extension for Gefyra support programs

14 March 2022 Editors

At a time that servicers and bankers are concerned about the impact of inflation on loans being serviced, Greece’s official…

Leading role from doValue in secondary NPE market
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Leading role from doValue in secondary NPE market

14 March 2022 Konstantinos Papagrigoris

For the next twelve months doValue is preparing five such transactions worth about 2 billion euros, while it has already announced the agreement for the sale of mezzanine notes and junior notes of the portfolio of Mexico to Waterwheel Capital.

Eurobank: New NPLs amounting to 800 million euros seen in 2022 – 2024
News

Eurobank: New NPLs amounting to 800 million euros seen in 2022 – 2024

11 March 2022 Konstantinos Papagrigoris

Eurobank became the first systemic bank in Greece with a single-digit NPEs index in 2021 with the relevant index standing at 6.8%.

HSBC:  No organic NPE formation for Greek Banks
News

HSBC: No organic NPE formation for Greek Banks

10 March 2022 Christos Ziotis

HSBC expects almost no organic NPE  formation for Greek Banks. In a report  HSBC estimates  sequentially lower core PPIs owing…

Banks in talks with distressed buyers on Russian assets -sources
News

Banks in talks with distressed buyers on Russian assets -sources

10 March 2022 Christos Ziotis

Banks are having conversations with potential buyers on how to get rid of their exposure to Russian corporate loans, but…

Secondary NPL market for bank of 20 bln euros
News

Secondary NPL market for bank of 20 bln euros

10 March 2022 Konstantinos Papagrigoris

A new secondary market will be created for the banks that can reach 20 billion euros in the next 3-4 years

National Bank weighs up financing part of Ariadne project
Featured

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
Featured

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
News

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…

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MOST READ

  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Objections to Seizures 18 August 2026
  • The loss per bank for loans under the Katseli Law 14 August 2026
  • Digital Platform for Non-Performing Loans 18 August 2026
  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026 14 August 2026
  • Cepal to Distribute €15 Million Dividend Following Strong 2025 Performance 13 August 2026
News Tags Comments
  • Katseli law loans: Banks and servicers race to finalise new repayment schedules by November
  • Alpha Bank aims for a 1 billion real estate portfolio
  • Bank of Cyprus Held €341 Million in REOs
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging
  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
  • Objections to Seizures
  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
  • Inspections by the Bank of Greece for the business plans of Servicers
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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