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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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  • Cairo Mezz: The buyout right of Cairo 3 under market scrutiny – Valuation at €222 million 20 May 2026
  • New President at Intrum Hellas 25 May 2026
  • The new plan of Piraeus for real estate sales 19 May 2026
  • “Cured” Loans Await Return to Banks – Why Their Repatriation Is Delayed 20 May 2026
  • On May 29, the bids for the Property Acquisition and Re-leasing Agency are submitted 27 May 2026
  • Banks: Hercules’ €400 million in senior bonds were redeemed 22 May 2026
News Tags Comments
  • IMF on servicers: Information on “Hercules” should be strengthened
  • Servicers: Revenues over 550 million and EBITDA 293 million for the “Big 3”
  • Pierrakakis: The Real Estate Acquisition and Leaseback Agency will be operational by the end of fall
  • IMF: Warning for servicers and “Hercules”
  • G. Stournaras: “myth” the triangular transactions between banks and servicers
  • Tsakalotos: the goal is to evolve into a leading European company
  • The solution for returning loans to the banks
  • Santander: New SRT agreement of €3.3 billion for global corporate loans
  • Jefferies: New Market in “Green” Non-Performing Loans
  • On May 29, the bids for the Property Acquisition and Re-leasing Agency are submitted
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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