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Home2023June

Month: June 2023

PAME holds protest rallies at Cepal and doValue
Buzz Talk

PAME holds protest rallies at Cepal and doValue

1 June 2023 Editors

Protest gatherings outside of Greece’s two largest loan servicers were held this week by PAME, demanding the suspension of all…

Securitizations back in the spotlight after elections
Editorial

Securitizations back in the spotlight after elections

1 June 2023 Editors

Completing the pending securitizations through the “Hercules” program returns as a priority for the government on its post-election agenda in…

Hercules III for small banks being prepared
Featured

Hercules III for small banks being prepared

1 June 2023 Editors

The possibility of an extension of the Hercules program was not only discussed by the previous government, but will also…

Glafka Capital: Rio Casino recovery plan rejected
Buzz Talk

Glafka Capital: Rio Casino recovery plan rejected

1 June 2023 Editors

Glafka Capital’s application for the reorganization of Casino Rio has been rejected by courts. Its application for protection from creditors…

Promot – Lainopoulos assets go under the hammer
Buzz Talk

Promot – Lainopoulos assets go under the hammer

1 June 2023 Editors

The auction for the former center of Promot – Lainopoulos on the Athens – Lamia highway is scheduled for November…

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  • The Aktor – Prodea real estate deal is canceled
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  • Mezzanine in decline
  • Servicers are seeking a solution for the mass suspension of auctions
  • The Kouris Group is once again the target of auctions
  • 20% underperformance in the revenues of the “Heracles” program
  • Official launch of the Working Group on Heracles guarantees
  • New Iris Payments service from doValue Greece
  • Why aren’t red loans decreasing?
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism
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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