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Home2023

Year: 2023

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…

Greek Fin Min: New framework for debt servicers
Featured

Greek Fin Min: New framework for debt servicers

31 July 2023 Editors

  “The will of the government, either with the Agency for the Acquisition and Re-leasing of Real Estate, or with…

Rapanos (Alpha Bank): “There is pressure on households but we are not seeing new bad debt”
Interviews

Rapanos (Alpha Bank): “There is pressure on households but we are not seeing new bad debt”

31 July 2023 Editors

  “There is pressure on households, no doubt, but so far there doesn’t seem to be a problem in the…

Mylonas: National Bank cleans up balance sheet from NPEs
Interviews

Mylonas: National Bank cleans up balance sheet from NPEs

31 July 2023 Editors

  The clearing of National Bank’s (NBG) balance sheet from bad loans was mentioned, among other points, by Managing Director…

Official sector creditors request repricing of Frontier II and Sunrise 3 transactions
Highlights

Official sector creditors request repricing of Frontier II and Sunrise 3 transactions

31 July 2023 Editors

At a time when the market, in cooperation with the government, is waiting for the institutionalization of Hercules III for…

Servicers: Loan arrangements hit 3.6 bln euros in H1
Featured

Servicers: Loan arrangements hit 3.6 bln euros in H1

28 July 2023 Editors

  In the first half of the year, Loan Management Companies (servicers) proceeded with loan restructurings that exceeded 3.6 billion…

What information servicers are obliged to disclose to borrowers
Editorial

What information servicers are obliged to disclose to borrowers

28 July 2023 Editors

The information recommended to be included in national registers – lists, with the aim of improving transparency for credit buyers…

32% of bank and fund debt restructuring proposals rejected
Featured

32% of bank and fund debt restructuring proposals rejected

27 July 2023 Editors

Problems continue to hamper the effective adoption of the out-of-court mechanism, as according to updated June data, one in three…

Intrum’s new subsidiary
Buzz Talk

Intrum’s new subsidiary

26 July 2023 Editors

There are now seven subsidiaries of the Intrum Group in the Greek market. Intrum’s new subsidiary is Intrum Finance Center…

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  • doValue Greece: new portfolios worth 5 billion euros in the first half of 2025
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  • And artificial intelligence in the battle against non-performing loans
  • Loans in Swiss francs: up to 750 million euros the cost for banks and Servicers
  • Qualco Group: acquisition of Cenobe to strengthen its presence in the cybersecurity sector
  • Five SOS from the SSM for the banks
  • The timelines for the Property Acquisition and Re-Leasing Agency are tight
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  • Banks: The cost of the settlement for loans in Swiss francs is 300 million euros
  • Why the Katseli loans are evolving into a ticking time bomb
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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