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Home2022

Year: 2022

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

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
Highlights

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
Global

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
Featured

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
News

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
Highlights

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
News

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.

Piraeus Bank sells to Davidson Kempner €0.4bn shipping NPLs
News

Piraeus Bank sells to Davidson Kempner €0.4bn shipping NPLs

4 January 2022 Editors

Piraeus Bank announced that has reached an agreement with an entity affiliated with Davidson Kempner Capital Management LP, for the…

Alpha Bank received four binding bids for €2.2bn Cypriot NPEs
News

Alpha Bank received four binding bids for €2.2bn Cypriot NPEs

4 January 2022 Editors

Bidders include a Bain-Fortress consortium, Apollo, Cerberus and Pimco according to a person familiar with the transaction.

Just 45 loans restructured in H1 on out-of-court mechanism
News

Just 45 loans restructured in H1 on out-of-court mechanism

4 January 2022 Konstantinos Papagrigoris

Concerns are rising among Finance Ministry officials on the slow pace of loan restructurings being completed via the new bankruptcy law’s out-of-court mechanism.

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MOST READ

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Auction Auctions of non-performing loans worth 3 billion euros are coming up 22 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Alpha Bank Completes Project Athena – €200 Million NPL Portfolio Transferred to Fortress 28 September 2026
  • Bracebridge Capital Invests in NPLs and Real Estate 22 September 2026
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances 30 September 2026
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  • The Mezz Paradox: What the Market Sees in Phoenix, Sunrise and Cairo
  • What Do the Government’s Measures for Servicers Entail?
  • Servicers see “gray areas” in Pierrakakis’s new measures
  • Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances
  • Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000
  • SYRIZA Also Weighs In on the Private Debt Issue
  • Swiss Franc: 15,000 Loans Converted to Euros – “Haircut” of Up to 50% and Fixed Interest Rate of Up to 2.9%
  • European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn
  • Project Athena and the Development of the Loan Market
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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