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Home2023June

Month: June 2023

New rules for servicers and funds from the Bank of Greece
Featured

New rules for servicers and funds from the Bank of Greece

14 June 2023 Editors

The Bank of Greece is preparing new rules of conduct and obligations for funds that buy bad loans and the…

Banks agree with Hercules III
Featured

Banks agree with Hercules III

13 June 2023 Editors

The agreement of both banks and servicers on the new extension to the successful Hercules scheme is now across the…

Al. Exarchos: Hercules plan necessary for non-systemic banks
Interviews

Al. Exarchos: Hercules plan necessary for non-systemic banks

12 June 2023 Editors

In an interview, Alexandros Exarchos of Thrinvest, who will be the main shareholder of the Attica Bank – Pancreta Bank…

Kourkoumeli (Piraeus Bank): “The important role of servicers in the NPLs market”
Experts

Kourkoumeli (Piraeus Bank): “The important role of servicers in the NPLs market”

12 June 2023 Phil Karametos

Artemis Kourkoumeli, General Manager, Head of NPE Management & Participations of Piraeus Bank, characterized the role of the servicers, who…

Secondary NPE market goes on back burner – 17 transactions on hold
Featured

Secondary NPE market goes on back burner – 17 transactions on hold

12 June 2023 Editors

Despite the significantly high expectations that were cultivated initially, the secondary NPE market has been showing significant problems lately with…

Property of publisher Livani to be auctioned
Buzz Talk

Property of publisher Livani to be auctioned

9 June 2023 Editors

Ilias Livani’s property in Filothei is being auctioned for the second time. The sale is scheduled for September 13th, and…

Tax office to move ahead with 50 auctions over summer
Buzz Talk

Tax office to move ahead with 50 auctions over summer

9 June 2023 Editors

Residences, maisonettes, warehouses, commercial buildings, parking lots and plots of land will be sold by the Independent Public Revenue Authority…

Listed building of Maria-Elene Mamidakis under the hammer again
Buzz Talk

Listed building of Maria-Elene Mamidakis under the hammer again

9 June 2023 Editors

The listed building of Maria-Elene Mamidakis in Kypseli will be put up for auction again, as the first auction failed…

Alpha Bank’s plan on bad debt
Finance

Alpha Bank’s plan on bad debt

8 June 2023 Editors

The management of Alpha Bank intends to drastically reduce its bad debt over the next three years, continuing the very…

M. Vergi: Loan restructurings from servicers up 30%
Experts

M. Vergi: Loan restructurings from servicers up 30%

8 June 2023 Editors

Loans amounting to 35 billion euros are being restructured, while debt worth 8 billion euros has already been fully restructured…

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MOST READ

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  • Foreclosures and the clearing of Katseli Law loans are being expedited 17 December 2025
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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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