2022 - Page 51 of 52 - NPL Confidential

V.Psaltis , Alpha Bank cut its NPE ratio by 26%

10 January 2022 Editors

Alpha Bank in 2022 has completed a series of complex transactions to achieve the reduction of NPE ratio by 14…

Servicers, central bank look for ways to raise capital to finance companies

10 January 2022 Konstantinos Papagrigoris

Quant and Cepal have expressed their interest in proceeding with direct financing options.

Cypriot NPL ratio slashed to 15,3% in Q3 2021

10 January 2022 Editors

Non Performing Loans in Cyprus fall by c 14% to 4,3 billion euros at the end of September 2021 from…

Νew year starts off with 4,000 auctions

7 January 2022 Konstantinos Papagrigoris

Property auctions are accelerating significantly with more than 4,000 cases having been uploaded to the relevant platform for the first two months of the year, signaling that the year will move smoothly, with progress being made on sales that had been stuck for months.

Intrum takes on all of Earth portfolio, buys CarVal stake

7 January 2022 Editors

Intrum acquires the entire portfolio with unsecured receivables, outstanding capital of 2 billion euros. CarVal, which was the co-investor, is leaving.

Piraeus Bank’s steps to reduce NPEs in 2022

6 January 2022 Konstantinos Papagrigoris

Sunrise III includes non-performing exposures with a gross book value of approximately 820 million euros. About half of the portfolio loans were restructured after the outbreak of the pandemic

Sales, securitizations hit 19 bln in December

5 January 2022 Konstantinos Papagrigoris

Transactions with a book value of close to 19 billion euros were conducted shortly before the end of the year by banks, allowing them to be closer to the goal of achieving a single-digit index of non-performing exposures (NPE) in the first months of 2022.