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Home2023

Year: 2023

Loan restructurings are moving along but subsidies program hits a wall
Featured

Loan restructurings are moving along but subsidies program hits a wall

27 June 2023 Editors

  Loan arrangements of around 700 million euros are being made on a monthly basis, according to estimates by servicers.…

Improvements to be made to extrajudicial mechanism platform
Featured

Improvements to be made to extrajudicial mechanism platform

26 June 2023 Editors

Finance Ministry officials are launching improvements to the out-of-court mechanism in order to continuously increase the arrangements. In particular, sources…

Mykonos hotel and the Tethys auctions
Buzz Talk

Mykonos hotel and the Tethys auctions

26 June 2023 Editors

Tethys, which recently bought from Intrum a portfolio of 72 hotel units, is entering the auctions phase. In particular, the…

Loan servicers target 7 bln euros of restructurings in 2023
Experts

Loan servicers target 7 bln euros of restructurings in 2023

22 June 2023 Editors

Loan servicers are targetting seven billion euros in debt restructurings by the end of 2023, supported by property auctions that…

Banks and servicers resume sale of bad debt
Finance

Banks and servicers resume sale of bad debt

21 June 2023 Editors

Bank and servicers have restarted the sale of NPLs after a – relatively short – break imposed on the one…

Alpha Bank: The strategic partnership with Cerberus and the carve out
Highlights

Alpha Bank: The strategic partnership with Cerberus and the carve out

21 June 2023 Editors

Alpha Bank has completed one of the most complex transactions regarding the sale of NPLs amounting to 2.3 billion euros,…

Servicers are weighing up broadening of operations
Featured

Servicers are weighing up broadening of operations

21 June 2023 Editors

Servicers are considering entering into loan refinancing by obtaining a broader operating license in order to be able to finance…

Alpha Bank: Bad debt of 2.3 bln euros in Cyprus go to Cerberus
Featured

Alpha Bank: Bad debt of 2.3 bln euros in Cyprus go to Cerberus

20 June 2023 Christos N Konstas

Alpha Bank has announced the completion of the Sky project with the sale of NPLs and real estate recorded at…

Pancreta Bank to securitise 300 mln euros of NPLs next year
Featured

Pancreta Bank to securitise 300 mln euros of NPLs next year

20 June 2023 Christos N Konstas

The consolidation of Pancreta Bank’s balance sheet and the drastic reduction of bad loans are among the lender’s top objectives…

ESM: A large part of NPLs unregulated, weighing on economy
Global

ESM: A large part of NPLs unregulated, weighing on economy

16 June 2023 Editors

The European Stability Mechanism (ESM) focused in its Annual Report on loans that were taken off bank balance sheets but…

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MOST READ

  • Eurobank puts retail loans in default up for sale 11 March 2026
  • The attack on Athanasopoulos, the CEPAL announcement, and the political confrontation  4 March 2026
  • Servicer loans are a treasure trove for CrediaBank 10 March 2026
  • Banks: What is the final status of the extrajudicial settlement 5 March 2026
  • doValue Greece: New contract with doServe for debtor management 6 March 2026
  • No connection between funds, servicers, and banks regarding the properties being auctioned 3 March 2026
News Tags Comments
  • Sale of NPE portfolio by Eurobank Limited
  • €12.1 million for investments in Startups from TECS Capital II
  • Eurobank: The Moon project has been launched
  • How is the portfolio of non-performing loans of the banks shaped?
  • Eurobank puts retail loans in default up for sale
  • Strategic partnership between FinTHESIS and LAMDA Development  for exclusive mortgage brokerage
  • Suspension of foreclosures on primary residences in Cyprus
  • Servicer loans are a treasure trove for CrediaBank
  •  Loan arrangements by servicers are increasing
  • Eurobank: Adequate provisions for loans in Swiss francs
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue doValue Greece Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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