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Home2023

Year: 2023

Megalou: How Piraeus Bank reduced NPLs from 35 billion euros in 2017 to 2.5 billion euros today
Experts

Megalou: How Piraeus Bank reduced NPLs from 35 billion euros in 2017 to 2.5 billion euros today

1 September 2023 user 02

Piraeus Bank CEO, Christos Megalou, spoke today about Piraeus Bank‘s effort to reduce its bad loans from 35 billion euros…

Attica Bank: Agreement reach with CarVal Investors on Astir I project
Featured

Attica Bank: Agreement reach with CarVal Investors on Astir I project

1 September 2023 Christos N Konstas

Attica Bank has reached a definitive agreement for the sale of the entire portfolio of the Astir I securitization, with…

New “Hercules” plan expected in September
Featured

New “Hercules” plan expected in September

31 August 2023 Christos N Konstas

The Ministry of Finance is preparing the new “Hercules-Asset Protection “ plan with the aim of having the draft law ready…

Georgakopoulos: “The NPL market will become lively again”
Experts

Georgakopoulos: “The NPL market will become lively again”

30 August 2023 Christos N Konstas

“There has not been a material increase in delinquency but we do expect some increases in the future. The NPL…

What funds are asking for to invest in state Real Estate Agency
Featured

What funds are asking for to invest in state Real Estate Agency

30 August 2023 Christos N Konstas

The General Secretariat of the Financial Sector and Private Debt Management will submit a series of amendments to the operation…

New NPE deals of 3.5 bln.euros seen in coming months
Analysis

New NPE deals of 3.5 bln.euros seen in coming months

29 August 2023 Christos N Konstas

Servicers and funds active in the Greek market are determined to speed up the transactions of bad loans in the…

Alpha Bank’s 1.5 bln euro NPL portfolio sold to Hoist Finance
Finance

Alpha Bank’s 1.5 bln euro NPL portfolio sold to Hoist Finance

29 August 2023 Christos N Konstas

Alpha Bank has signed a binding agreement with Hoist Finance AB regarding Project Cell for the sale of a portfolio…

Revenues over 600 million euros for the Big 4 of NPLs
Analysis

Revenues over 600 million euros for the Big 4 of NPLs

29 August 2023 Christos N Konstas

DoValue, Intrum, Cepal and QQuant recorded revenues of over €600 million last year, managing portfolios of over €90 billion. With…

Draft law for servicers expected by mid-September
Featured

Draft law for servicers expected by mid-September

28 August 2023 Christos N Konstas

New rules in the operation of management companies and their obligation for more regulations are being brought by the Ministry…

A fresh blow from Italy’s Meloni to NPE funds
Featured

A fresh blow from Italy’s Meloni to NPE funds

28 August 2023 Christos N Konstas

A new framework that will allow and small businesses to repay loans that were in the red in previous years…

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MOST READ

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Auction Auctions of non-performing loans worth 3 billion euros are coming up 22 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Alpha Bank Completes Project Athena – €200 Million NPL Portfolio Transferred to Fortress 28 September 2026
  • Intrum to co-invest and become servicer to Nordic NPL portfolio 18 September 2026
  • Bracebridge Capital Invests in NPLs and Real Estate 22 September 2026
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  • The Mezz Paradox: What the Market Sees in Phoenix, Sunrise and Cairo
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  • Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances
  • Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000
  • SYRIZA Also Weighs In on the Private Debt Issue
  • Swiss Franc: 15,000 Loans Converted to Euros – “Haircut” of Up to 50% and Fixed Interest Rate of Up to 2.9%
  • European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn
  • Project Athena and the Development of the Loan Market
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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