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Home2023September

Month: September 2023

Two-month suspension of auctions by servicers for those hit by natural disasters
Experts

Two-month suspension of auctions by servicers for those hit by natural disasters

13 September 2023 Editors

Relief measures for those affected by the Daniel disaster were announced by the Association of Loan and Credit Claims Management…

Extrajudicial mechanism: Debtor assessment deadlines in flood affected areas suspended
Featured

Extrajudicial mechanism: Debtor assessment deadlines in flood affected areas suspended

13 September 2023 Phil Karametos

In the areas affected by the floods, specifically in the regional units of Magnesia, Sporades, Larissa, Karditsa and Trikala, the…

New real estate deal from Resolute Asset Management
Experts

New real estate deal from Resolute Asset Management

12 September 2023 Editors

  It is only a matter of time before the announcement of an agreement that will have a big impact…

Climate change is fueling fears of a new generation of NPLs 
Editorial

Climate change is fueling fears of a new generation of NPLs 

12 September 2023 Editors

Banks have been on alert for the last two months due to climate change, which is fueling fears of a…

Out-of-court: Debts of 2.97 billion restructured in 7,948 settlements
Featured

Out-of-court: Debts of 2.97 billion restructured in 7,948 settlements

11 September 2023 Phil Karametos

The amount of initial debts settled during the month of August reached a higher level compared to the previous month,…

New CEO at PQH
Experts

New CEO at PQH

11 September 2023 Phil Karametos

The search for the new CEO of PQH is in the final stretch. According to sources, the nomination of the…

Fitch: Risk arises from Meloni’s NPL plans
Analysis

Fitch: Risk arises from Meloni’s NPL plans

8 September 2023 Christos N Konstas

Uncertainty in Italy’s bad debt market has been forecast by Fitch Ratings following a government proposal to allow troubled borrowers…

Strong investment interest in leasing loans in the red
Business

Strong investment interest in leasing loans in the red

8 September 2023 Christos N Konstas

Banks are proceeding with the sale of portfolios with receivables from financial leases (leasing), taking advantage of the strong investment…

Servicers are pushing for changes to out-of-court algorithm
Analysis

Servicers are pushing for changes to out-of-court algorithm

7 September 2023 Christos N Konstas

Loan servicers are in continuous negotiations with the Finance Ministry in a bid order to come up with a way…

Piraeus Bank – Bain reach agreement Sunshine Leases deal
Featured

Piraeus Bank – Bain reach agreement Sunshine Leases deal

7 September 2023 Christos N Konstas

Bain increases its portfolio of non-performing loans in Greece, completing after lengthy procedures the acquisition of Sunshine Leases, with a…

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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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