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Home2023May

Month: May 2023

Harassment techniques earn debt company 55,000 euro fine
Finance

Harassment techniques earn debt company 55,000 euro fine

18 May 2023 Editors

A fine of 55,000 euros was imposed by the General Secretariat of Trade & Consumer Protection on a loan and…

Fatzikmanoli (Intrum): “We are committed to a modern work environment distinguished by inclusion”
Experts

Fatzikmanoli (Intrum): “We are committed to a modern work environment distinguished by inclusion”

18 May 2023 Editors

  Intrum signed in May, which had been established as the European Diversity Month, the “Diversity Charter”, confirming its commitment…

Attica Bank: Market on the lookout for Astir I project decision
News

Attica Bank: Market on the lookout for Astir I project decision

18 May 2023 Editors

The market is waiting for Attica Bank’s decision on the winner to claim the NPLs package called “Astir I”. As…

Eurobank maintains target for 400 mln euros of NPL inflows for 2023
Featured

Eurobank maintains target for 400 mln euros of NPL inflows for 2023

18 May 2023 Editors

Eurobank has maintained its goal of new NPLs reaching 400 million euros by the end of 2023, although initial signs…

Fortress seen going to Mubadala Group
Buzz Talk

Fortress seen going to Mubadala Group

17 May 2023 Editors

Fortress Investment Group, controlled by Japan’s Soft Bank, is expected to be acquired by Mubadala, the state fund of Abu Dhabi, according…

INTRUM: Shareholders agree on 155 mln euro capital return
Featured

INTRUM: Shareholders agree on 155 mln euro capital return

17 May 2023 Editors

The extraordinary general assembly of Intrum Hellas, which was convened May 8, decided on the return of capital amounting to…

Debt managers invest in customer service
News

Debt managers invest in customer service

15 May 2023 Editors

  Loan servicers will move ahead with significant investments in technology and infrastructure in order to improve customer service levels,…

Banks: Goal is to reduce NPLs by 3.1 bln euros by 2025
Highlights

Banks: Goal is to reduce NPLs by 3.1 bln euros by 2025

15 May 2023 Editors

Banks appear focused on further reducing their stock of bad loans so that the NPLs index converges immediately with the…

Over 90 billion euros in loans managed by servicers
Experts

Over 90 billion euros in loans managed by servicers

15 May 2023 Editors

The total value of debt exposure managed by servicers amounts to 90.5 billion euros, with 74% relating to loans belonging…

Bank of Greece: Extension to Hercules plan possible
Featured

Bank of Greece: Extension to Hercules plan possible

14 May 2023 Editors

The Hercules plan may be extended as some securitization transactions remain pending, the Bank of Greece (BoG) pointed out in its…

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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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