Year: 2022

  Recoveries of non-performing loan portfolios managed by management companies are more than 20% off-targets due to the freezing of…

The Joint Venture, which is focused on Greece and Cyprus, has onboarded €33 million of real estate-backed non-performing loans (‘NPL’) in its first month of operation.

The announcement of the tender is ready and is expected to be published in the coming days, but according to the schedule its operation is not expected to start until next year.

NPL market is gradually developing into a true ‘regular’ securitization asset class

The request for the ratification of a consolidation agreement of “Hellenic Halyvourgia” with its creditors was discussed at the Multi-Member…

The global rating agency affirmed Greece’s rating at “BB”” and revised the outlook to positive.  Greek banks have made substantial progress on asset quality improvement, sharply reducing the level of non-performing loans (NPLs)

Banks are looking to shore up capital levels hit by losses caused by the consolidation of their balance sheets with 8 billion euros of transactions in the first half of the year.