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Home2023February

Month: February 2023

Phoenix Vega Mezz: €5.2 million received in coupon payments
Highlights

Phoenix Vega Mezz: €5.2 million received in coupon payments

28 February 2023 Editors

Coupon payments corresponding to the previous 3-month interest period totaling EUR 5.2 million were paid to Phoenix Vega Mezz between…

Piraeus Bank: new business plan sees NPEs below 6%
Highlights

Piraeus Bank: new business plan sees NPEs below 6%

28 February 2023 Editors

The management of Piraeus Bank is proceeding with the drawing up of a new plan for the further reduction of…

Pipeline of potential servicing mandates at 52 bln euros
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Pipeline of potential servicing mandates at 52 bln euros

28 February 2023 Editors

“The pipeline of potential servicing mandates for 2022 across Southern Europe is currently estimated by doValue at approximately €52 billion…

Bank of Cyprus: Organic funds, project Helix lower NPE ratio to 4%
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Bank of Cyprus: Organic funds, project Helix lower NPE ratio to 4%

24 February 2023 Editors

At the end of 2022, the Bank of Cyprus showed a European NPL index reducing its problematic stock of debt…

Banks rejecting out of court loan proposals will need to justify decision
Featured

Banks rejecting out of court loan proposals will need to justify decision

23 February 2023 Editors

Rejections by banks and services of loan arrangements automatically produced by the out-of-court settlement platform will have to be justified…

Barrage of auctions for Pazaropoulos
Buzz Talk

Barrage of auctions for Pazaropoulos

23 February 2023 Editors

A barrage of auctions is expected to hit the once powerful car company of Spyros Pazaropoulos. Specifically, 14 auctions have…

European Commission toughens securitizations rules
Featured

European Commission toughens securitizations rules

22 February 2023 Editors

The European Commission is implementing tougher new rules with greater rigor and transparency regarding the management of NPLs and NPEs…

Pre-election thoughts on three auction interventions
Featured

Pre-election thoughts on three auction interventions

21 February 2023 Editors

The government seems to be weighing up legislative intervention to further protect primary residencies from auctions, according to sources, at…

Big name transfer from Potamitis – Vekris
Buzz Talk

Big name transfer from Potamitis – Vekris

21 February 2023 Editors

Potamitis-Vekris law firm has completed a significant transfer, relating to experienced lawyer Alexandros Metallinos who left Karatzas and associates. Metallinos…

New auction for Vovos assets
Buzz Talk

New auction for Vovos assets

20 February 2023 Editors

On March 16, the next episode will be written in the long saga regarding the auctions from “Babis Vovos International…

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MOST READ

  • Hercules Securitisation Scheme: Which Servicers Are Delivering Faster Recoveries  10 June 2026
  • Supreme Court: The decision for the borrowers of Law 3869/2010 has been published 5 June 2026
  • houses and percentages, red loans, source: Shutterstock Primary Residence: New Out-of-Court Settlement Framework Allows Home Protection While Other Assets Are Liquidated 3 June 2026
  • New Reading of Supreme Court Ruling: Lower Impact on Servicers and Banks Than Initially Estimated 8 June 2026
  • Incentives for the staff from QUALCO 10 June 2026
  • Qualco (CRC) and Systemic Banks for the Real Estate Agency 3 June 2026
News Tags Comments
  • An online platform for trading non-performing loans is coming, boosting the secondary market for NPLs
  • National Bank of Greece aims to put a stop to bankruptcies and takeovers of small and medium-sized hotels
  • Extension for the Swiss franc  
  • At the Supreme Court, the servicers for clarifications on the interest rates of the Katseli loans
  • Intrum credit rating upgraded by Moody’s following shareholder approval of capital raise
  • Out-of-Court Debt Settlement Mechanism: 65% Surge in Debt Restructurings – More Than 2,200 Agreements in May
  • Servicers: €205 Million in Loan Restructurings in a Single Month – doValue and Cepal Lead the Management of Non-Performing Loans
  • Intrum resolves on a directed issue of approximately SEK 1 billion as part of the directed issue of approximately SEK 1.5 billion
  • Incentives for the staff from QUALCO
  • Hercules Securitisation Scheme: Which Servicers Are Delivering Faster Recoveries 
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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