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Home2023December

Month: December 2023

Elizabeth McCaul and Korbinian Ibel: «NPLs are a fact of life for banks»
Highlights

Elizabeth McCaul and Korbinian Ibel: «NPLs are a fact of life for banks»

28 December 2023 Editors

«NPLs are a fact of life for banks. There will always be some borrowers who are unable to repay their…

Theoni Alambasis to servicers: “Private debt is in your hands”
Experts

Theoni Alambasis to servicers: “Private debt is in your hands”

28 December 2023 Editors

The Secretary General of the Financial Sector and Private Debt Management, Theoni Alambasis, referred to the importance of the new…

The servicer interested in loan refinancing business
Business

The servicer interested in loan refinancing business

27 December 2023 Phil Karametos

Servicers are showing interest in loan refinancing, with one of the 23 licensed by the Bank of Greece (BoG) having…

Scope: NPEs increasing in Europe – estimates for Greece
Featured

Scope: NPEs increasing in Europe – estimates for Greece

21 December 2023 Editors

European banks will find themselves at a crossroads in 2024, as for the first time since 2015, non-performing exposures in…

Commercial property indices – 2023 H1
News

Commercial property indices – 2023 H1

19 December 2023 Editors

In 2023 H1, the rate of change for prime office prices for the entire country stood at 2.8% and for…

Cyprus NPLs dip 95 million euros
Finance

Cyprus NPLs dip 95 million euros

19 December 2023 Editors

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased…

New NPLs seen at 500 million euros in 2024
Featured

New NPLs seen at 500 million euros in 2024

19 December 2023 Editors

Greek banks managed to close in 2023 with fresh NPLs of less than 1 billion euros in a year of…

Next step for Real Estate Agency set for January
News

Next step for Real Estate Agency set for January

19 December 2023 Editors

At the beginning of January, the call for interest for the establishment of the Real Estate Acquisition and Re-leasing Agency…

Statistics on loans serviced by Credit Servicing Firms
Finance

Statistics on loans serviced by Credit Servicing Firms

18 December 2023 Editors

The nominal value of serviced loans increased to €71,186 million at the end of the third quarter of 2023 from…

Chief Financial Officer Michael Ladurner to leave Intrum
Global

Chief Financial Officer Michael Ladurner to leave Intrum

18 December 2023 Editors

Intrum AB has come to an agreement with Michael Ladurner, Chief Financial Officer (CFO), regarding his departure from the company.…

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