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Home2023

Year: 2023

Servicers get into loan refinancing
Featured

Servicers get into loan refinancing

16 June 2023 Editors

  Debt management companies are considering the possibility of expanding their license to cover loan refinancing in an attempt to…

Attica Bank in exclusive negotiations with investor for Astir I
Featured

Attica Bank in exclusive negotiations with investor for Astir I

16 June 2023 Editors

The bank is moving ahead with the next target of consolidating its balance sheet and reducing NPLs after its share…

DBRS: Comparison of Greek and Cypriot models for reduction of NPLs
Analysis

DBRS: Comparison of Greek and Cypriot models for reduction of NPLs

15 June 2023 Editors

The different path followed by Greece and Cyprus, in order to reduce their bad loans from 40% to levels lower…

What does the new European Directive foresee for servicers, funds and banks
Featured

What does the new European Directive foresee for servicers, funds and banks

15 June 2023 Editors

  New rules of conduct and obligations for funds that buy bad loans and the companies that manage them will…

New rules for servicers and funds from the Bank of Greece
Featured

New rules for servicers and funds from the Bank of Greece

14 June 2023 Editors

The Bank of Greece is preparing new rules of conduct and obligations for funds that buy bad loans and the…

Banks agree with Hercules III
Featured

Banks agree with Hercules III

13 June 2023 Editors

The agreement of both banks and servicers on the new extension to the successful Hercules scheme is now across the…

Al. Exarchos: Hercules plan necessary for non-systemic banks
Interviews

Al. Exarchos: Hercules plan necessary for non-systemic banks

12 June 2023 Editors

In an interview, Alexandros Exarchos of Thrinvest, who will be the main shareholder of the Attica Bank – Pancreta Bank…

Kourkoumeli (Piraeus Bank): “The important role of servicers in the NPLs market”
Experts

Kourkoumeli (Piraeus Bank): “The important role of servicers in the NPLs market”

12 June 2023 Phil Karametos

Artemis Kourkoumeli, General Manager, Head of NPE Management & Participations of Piraeus Bank, characterized the role of the servicers, who…

Secondary NPE market goes on back burner – 17 transactions on hold
Featured

Secondary NPE market goes on back burner – 17 transactions on hold

12 June 2023 Editors

Despite the significantly high expectations that were cultivated initially, the secondary NPE market has been showing significant problems lately with…

Property of publisher Livani to be auctioned
Buzz Talk

Property of publisher Livani to be auctioned

9 June 2023 Editors

Ilias Livani’s property in Filothei is being auctioned for the second time. The sale is scheduled for September 13th, and…

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MOST READ

  • Etalia project up for sale by NBG 2 September 2025
  • The “damage” from a reversal of the Supreme Court’s decision is estimated at €1 billion  2 September 2025
  • Servicers are seeking a solution for the mass suspension of auctions 10 September 2025
  • The Aktor – Prodea real estate deal is canceled 10 September 2025
  • An overview of the Hercules Program 3 September 2025
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism 5 September 2025
News Tags Comments
  • Out-of-court mechanism: More than 30% haircut for 1 in 2 debt settlements with banks – servicers
  • Private debt: Critical meeting on “red” loans and “Hercules”
  • Servicers: Loan settlements exceeding 3 billion euros
  • A new wave of foreclosures for tax debtors
  • The Aktor – Prodea real estate deal is canceled
  • Dimitris Mavros’ MRB under protection ahead of restructuring
  • Mezzanine in decline
  • Servicers are seeking a solution for the mass suspension of auctions
  • The Kouris Group is once again the target of auctions
  • 20% underperformance in the revenues of the “Heracles” program
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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