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Home2023July

Month: July 2023

Improvements to out of court mechanism in final stretch
News

Improvements to out of court mechanism in final stretch

14 July 2023 Editors

Improvements to the out-of-court mechanism with the aim of further boosting debt settlements are expected in the near future. According…

First transactions through DPO from doValue
Featured

First transactions through DPO from doValue

14 July 2023 Editors

The first transactions through the discount pay off (DPO) are being promoted by servicers in collaboration with new financing platforms.…

SunriseMezz Plc: Resolutions of the Annual General Meeting of 12.7.2023
News

SunriseMezz Plc: Resolutions of the Annual General Meeting of 12.7.2023

14 July 2023 Editors

SunriseMezz Plc (the Company) announces the following: At the Annual General Meeting of the Company, held on 12.7.2023 at 3.00…

The new code of conduct for servicers
Experts

The new code of conduct for servicers

13 July 2023 Editors

Improvements to the extrajudicial mechanism, the new code of ethics, as well as alternative proposals for the operation of the…

Premia Properties establishes special purpose company
News

Premia Properties establishes special purpose company

12 July 2023 Editors

Premia Properties and Via Futura AB of Ilias and Thomas Georgiadis have set up a special purpose company, Pandora Invest. The…

Capital return set for Galaxy Cosmos, SunriseMezz and Phoenix Vega shares
Featured

Capital return set for Galaxy Cosmos, SunriseMezz and Phoenix Vega shares

12 July 2023 Editors

Increased trading activity was recorded on the Athens bourse on Monday by the titles of GalaxyCosmos, SunriseMezz and PhoenixVega as…

Fin Min Hatzidakis to meet with loan servicers Wednesday
News

Fin Min Hatzidakis to meet with loan servicers Wednesday

11 July 2023 Editors

After a meeting that Finance Minister Kostis Hatzidakis had with the management of systemic banks on Monday, the minister’s agenda…

Two important projects being run by Intrum
Featured

Two important projects being run by Intrum

11 July 2023 Editors

A large sale of loan portfolios, with different sized debt, is being launched by Intrum Hellas, alongside the sale of…

Servicers: The Italian NPEs management model being promoted in Greece
Global

Servicers: The Italian NPEs management model being promoted in Greece

11 July 2023 Editors

A type of bad bank which could hold bad debt left with banks is being promoted by servicers, in applying…

Fin Min Hatzidakis called on to make decisions on state Real Estate Agency
Highlights

Fin Min Hatzidakis called on to make decisions on state Real Estate Agency

10 July 2023 Editors

Finance Minister Costis Hatzidakis is being called on find an immediate solution to the establishment of the Real Estate Acquisition &…

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MOST READ

  • Banks: €10 billion in liquidity from synthetic securitizations 30 December 2025
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio 9 January 2026
  • Source: Eurokinissi EFKA: Collection of insurance debts exceeding €50 billion in private hands 7 January 2026
  • The sale of Cairo III will be finalized in early February 12 January 2026
  • Alpha Bank: Target revenue of €50 million from leases in 2026  5 January 2026
  • Servicers: Increase in settlements to 90% by 2026 5 January 2026
News Tags Comments
  • Intrum announces sale of portfolios for EUR 215m, above book value
  • The sale of Cairo III will be finalized in early February
  • When will the new platform for auction appeals go live?
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio
  • Tzirakian: New 4-year loan repayment plan with Piraeus Bank and doValue
  • The European Court of Justice will decide on penalties for servicers
  • Capital reduction for INTRUM BTB
  • Starbucks’ NPEs at Eurobank, Alpha, and Piraeus
  • EFKA: Collection of insurance debts exceeding €50 billion in private hands
  • Bidding time for the Real Estate Acquisition and Leasing Agency
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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