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Home2023November

Month: November 2023

Extrajudicial mechanism: Focus of servicers on debts up to 250,000 euros
Highlights

Extrajudicial mechanism: Focus of servicers on debts up to 250,000 euros

30 November 2023 Editors

Debt management companies are focusing on debtors holding loans of up to 250,000 euros who are seeking arrangements through the…

Athanasopoulos (Cepal): “We respond to 9 out of 10 calls from debtors”
Experts

Athanasopoulos (Cepal): “We respond to 9 out of 10 calls from debtors”

30 November 2023 Phil Karametos

The effort of the sector to improve the quality of service provided to debtors was discussed in parliament regarding the…

EU approves extension of “Hercules” program
Featured

EU approves extension of “Hercules” program

29 November 2023 Editors

The European Commission officially announced on Tuesday the approval of the extension of “Hercules” to reduce the non-performing loans of…

Parliament’s economic comittee approves bill on bad loans
Featured

Parliament’s economic comittee approves bill on bad loans

29 November 2023 Editors

The bill “Transparency, competition, protection of the vulnerable – Incorporation of the European Directive, re-introduction of the Hercules Program and…

Hatzidakis reveals that servicers unhappy with bill
Editorial

Hatzidakis reveals that servicers unhappy with bill

28 November 2023 Editors

Minister Kostis Hatzidakis revealed last night that loan servicers are unhappy with the Ministry of Finance’s bill. Speaking in parliament,…

How the market sees “Hercules 3”
Analysis

How the market sees “Hercules 3”

28 November 2023 Editors

There are conflicting opinions among market participants on “Hercules 3” which will soon be voted on by parliament. Some consider…

Battle on servicers and extrajudicial system goes to parliament
Business

Battle on servicers and extrajudicial system goes to parliament

28 November 2023 Editors

The draft law of the Ministry of National Economy and Finance “Loans: transparency, competition, protection of the vulnerable – integration…

Phoenix Vega Mezz: by distributing cash to its shareholders
News Feed

Phoenix Vega Mezz: by distributing cash to its shareholders

27 November 2023 Phil Karametos

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New twist in Avramar problem
Business

New twist in Avramar problem

27 November 2023 Editors

Bank talks with Amerra Capital, which together with Mubadala Investment Company controls Avramar, have been fruitless. Craig Tashjian, Managing Partner…

SunrizeMezz: by distributing cash to its shareholders
News Feed

SunrizeMezz: by distributing cash to its shareholders

27 November 2023 Editors

Further to the announcement dated 13 July 2023 of the decisions of the annual general meeting… You need to have

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  • An online platform for trading non-performing loans is coming, boosting the secondary market for NPLs 16 June 2026
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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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