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Home2023August

Month: August 2023

Piraeus Bank’s Terra project moving ahead despite delays
Featured

Piraeus Bank’s Terra project moving ahead despite delays

18 August 2023 user 02

Piraeus Bank is moving ahead as normal with the utilization of the Terra project despite delays. Management sources confirm that…

Extrajudicial mechanism: 1 in 4 debtors reject proposals
Featured

Extrajudicial mechanism: 1 in 4 debtors reject proposals

15 August 2023 user 02

The rate of restructuring proposals rejected by debtors, within the framework of the out-of-court private debt restructuring mechanism, remains at…

Banks strike up deals with strong real estate players
Analysis

Banks strike up deals with strong real estate players

15 August 2023 user 02

Greek banks are shifting towards more active management of their properties, seeking, in collaboration with strong real estate players, to…

Alpha Bank NPEs unchanged in H1
Featured

Alpha Bank NPEs unchanged in H1

9 August 2023 Editors

Alpha Bank’s Non-Performing Exposures in Greece remained almost unchanged in the second quarter of 2023 and amounted to €2.8 billion,…

Banks’ stock of NPLs at 8 billion euros
Analysis

Banks’ stock of NPLs at 8 billion euros

8 August 2023 Phil Karametos

With a stock of NPLs reaching around eight billion euros in the first half of 2023, banks are aiming to…

Aegean Baltic Bank’s bad debt exposure
Finance

Aegean Baltic Bank’s bad debt exposure

7 August 2023 Editors

In the first quarter of 2023, the ratio of non-performing loans of Aegean Baltic Bank stood at 1.8%, with the…

Out of court mechanism: New all-time high for settlements in July
Featured

Out of court mechanism: New all-time high for settlements in July

7 August 2023 Editors

A new historic high was recorded in July by the extrajudicial mechanism. In particular, according to data from the General…

Which banks saw an increase in NPLs in H1
Analysis

Which banks saw an increase in NPLs in H1

4 August 2023 Editors

  An increase – albeit small – in the NPLs index was recorded in the second quarter of 2023 in…

P. Mylonas: 350 million euro NPEs goal for 2023
Featured

P. Mylonas: 350 million euro NPEs goal for 2023

2 August 2023 Editors

The CEO of National Bank (NBG) Paul Mylonas described yesterday the increase recorded at the end of the first half…

Piraeus Bank: NPE ratio to slip below 5% by end 2023
Featured

Piraeus Bank: NPE ratio to slip below 5% by end 2023

1 August 2023 Editors

  The lowering of its NPE ratio to below 5% for 2023 has been set as a new goal by…

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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 Real Estate servicers SSM
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