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Home2023March

Month: March 2023

Eurostat gives thumbs up to Hercules securitizations
Featured

Eurostat gives thumbs up to Hercules securitizations

9 March 2023 Editors

Eurostat is believed to have decided against including the Hercules state guarantees, amounting to some 20 billion euros, into Greece’s…

Cyprus needs a solution to auctions, restructurings issue
Global

Cyprus needs a solution to auctions, restructurings issue

8 March 2023 Editors

The need for a definitive solution to the issue of divestments and restructurings, in order to drastically reduce Non-Performing Loans…

Rio casino opens its doors as deal reached with workers in restructuring plan 
Business

Rio casino opens its doors as deal reached with workers in restructuring plan 

8 March 2023 Editors

Management has reached an agreement with workers at the Rio casino, allowing it to reopen, according to Glafka Capital. Several…

Banks and servicers support the extrajudicial mechanism
Featured

Banks and servicers support the extrajudicial mechanism

8 March 2023 Editors

In recent days, debt management companies, banks and the Special Secretariat for Private Debt Management have been in close cooperation…

3 Greeks behind the HIG – Beinoglou deal
Featured

3 Greeks behind the HIG – Beinoglou deal

7 March 2023 Editors

The agreement to acquire 80% of the Beinoglu logistics and transport company by HIG Capital Advisors LLC has been completed…

Christos Megalou roadshow in New York and Boston
Buzz Talk

Christos Megalou roadshow in New York and Boston

6 March 2023 Editors

Questions focused on the further consolidation of Piraeus Bank’s balance sheet during the meetings held over two days in New…

Scope Ratings points to progress on bad debts though NPL ratio still high
Analysis

Scope Ratings points to progress on bad debts though NPL ratio still high

6 March 2023 Phil Karametos

Scope Ratings points out in a report the successful push by Greek banks to limit the stock of bad debt…

SSM: Bad debt in Greece drops to 10 bln euros from 105 bln euros in 2015
Featured

SSM: Bad debt in Greece drops to 10 bln euros from 105 bln euros in 2015

6 March 2023 Editors

The stock of bad debt in Greece has dropped to 10 billion euros at the end of 2022, based on…

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%
News

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%

3 March 2023 Editors

More than one in four properties sold by auction went for a reduced price of between 20-35%. These are the…

Out of court mechanism: Why and when loan restructuring is rejected
Editorial

Out of court mechanism: Why and when loan restructuring is rejected

3 March 2023 Editors

Banks and management companies are currently drawing up a list of reasons that will allow them to reject loan restructurings…

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MOST READ

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  • Foreclosures and the clearing of Katseli Law loans are being expedited 17 December 2025
  • Jefferies: Loan buyback is an opportunity for banks 16 December 2025
News Tags Comments
  • The Federation of Greek Servicer Organizations (FOOSE) was established
  • BoG: Steady decline in NPEs in the nine months of 2025
  • Intrum AB: Losses in Spain, France, and Germany, and the exception of Greece
  • Council of State: Bank of Greece penalties on servicers’ executives up in the air
  • FinThesis expands into business and consumer loans – Target of 1,300 mortgages and €120 million in disbursements
  • Intrum recognises impairment of SEK 3.4bn
  • Swiss franc borrowers are negative about the government’s proposal
  • 10,000 holiday homes belonging to debtors under the Katseli law up for auction
  • Loans in Swiss francs: Amendment tabled – The three categories of settlement
  • Statistics on loans serviced by Credit Servicing Firms (CSFs)
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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