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Home2023February

Month: February 2023

Attica Bank: Express sale of NPEs
Featured

Attica Bank: Express sale of NPEs

6 February 2023 Editors

After the final seperation of Attica Bank from Ellington Solutions and the initiation of due diligence by Thrivest, sources at…

Staikouras: Out-of-court loan settlements exceeded 1 bln euros
Featured

Staikouras: Out-of-court loan settlements exceeded 1 bln euros

6 February 2023 Editors

“The latest data on the progress of the Extrajudicial Debt Settlement Mechanism prove that it is now functioning satisfactorily”, said…

Applications pour in for subsidy to offset interest rate hikes
Highlights

Applications pour in for subsidy to offset interest rate hikes

3 February 2023 Editors

The launch of the platform operated by banks to subsidize housing or even small business loans, backed by the primary…

Piraeus Bank targets NPE ratio of below 6% by end 2023
Featured

Piraeus Bank targets NPE ratio of below 6% by end 2023

3 February 2023 Editors

Piraeus Bank is planning the further consolidation of its balance sheet that will allow it to approach the European average…

Cepal heads to new offices in Syngrou
Buzz Talk

Cepal heads to new offices in Syngrou

2 February 2023 Editors

Cepal is moving to the other side of Syngrou Avenue, and quite a bit lower down. As NPL Confidential has…

Banks, servicers agree with Finance Ministry on monthly update report
Featured

Banks, servicers agree with Finance Ministry on monthly update report

2 February 2023 Editors

The new Special Secretary of EGDIH Theoni Alambasis held her first meeting with senior executives from banks and loan management…

Tethys project closes with RRF funding
Highlights

Tethys project closes with RRF funding

1 February 2023 Editors

With a slight delay of a few weeks, the sale of the “Tethys” portfolio by Intrum to the consortium SMERC,…

Project Frame goes to APS and the promising secondary NPLs market in Greece
Business

Project Frame goes to APS and the promising secondary NPLs market in Greece

1 February 2023 Editors

The Frame project, a slice of receivables reaching one billion euros from the Icon portfolio, has been formally acquired from…

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  • Loan restructurings by servicers in March
  • Limited interest in the Intermediate Program for the protection of the primary residence
  • Real Estate Authority: New extension for binding offers
  • Individuals and businesses in Greece have borrowed an amount equivalent to one GDP
  • IOBE – CEPAL: Greeks private dept exceeds 400 billion euros
  • IMF: Millions of NPLs Slow Down the Growth of the Greek Economy
  • Premia: A new deal is coming for a portfolio over 50 million
  • Changes to banks’ credit risk assessment models from October 1st
  • DoValue: Takes on New €250 Million Loan Portfolios in Greece and Cyprus
  • DBRS: Risks for Greece and Cyprus are increasing due to geopolitical tensions
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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