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Home2023

Year: 2023

Two awards for Intrum at the Compliance Awards 2023
Experts

Two awards for Intrum at the Compliance Awards 2023

7 December 2023 Editors

Intrum, confirming its commitment to continuously optimize its business action and operation, was distinguished with two awards at the Compliance…

Changes in the extrajudicial mechanism in five Q and A’s
Featured

Changes in the extrajudicial mechanism in five Q and A’s

7 December 2023 Editors

Important changes that further improve the out-of-court mechanism, for the benefit of both the borrowers and the servicers themselves are…

1,100 debts restructured November in out of court mechanism
Featured

1,100 debts restructured November in out of court mechanism

6 December 2023 Editors

A historic high for the second consecutive month was set in November new applications made via the out-of-court debt settlement…

Intrum confirms talks on selling part of its back book
Buzz Talk

Intrum confirms talks on selling part of its back book

5 December 2023 Phil Karametos

Intrum notes the recent speculation regarding a potential sale of part of its back book and can confirm that the…

Upgraded borrower service experience from Intrum
Featured

Upgraded borrower service experience from Intrum

5 December 2023 Editors

With borrower service a top priority for Intrum, the company is completing a major digital project and now offers modern…

Attica Bank-Pancreta Bank: Which loans will be included in “Hercules”
Business

Attica Bank-Pancreta Bank: Which loans will be included in “Hercules”

4 December 2023 Editors

Attica Bank and Pancreta Bank have started costing in non-performing loans that will be included in the Hercules III state…

Govt accepted servicer’s request for advance payment from debtors
Editorial

Govt accepted servicer’s request for advance payment from debtors

4 December 2023 Editors

The new legislative framework allows claims management companies to request an advance payment of up to 10% of capital in…

Extrajudicial mechanism: Focus of servicers on debts up to 250,000 euros
Highlights

Extrajudicial mechanism: Focus of servicers on debts up to 250,000 euros

30 November 2023 Editors

Debt management companies are focusing on debtors holding loans of up to 250,000 euros who are seeking arrangements through the…

Athanasopoulos (Cepal): “We respond to 9 out of 10 calls from debtors”
Experts

Athanasopoulos (Cepal): “We respond to 9 out of 10 calls from debtors”

30 November 2023 Phil Karametos

The effort of the sector to improve the quality of service provided to debtors was discussed in parliament regarding the…

EU approves extension of “Hercules” program
Featured

EU approves extension of “Hercules” program

29 November 2023 Editors

The European Commission officially announced on Tuesday the approval of the extension of “Hercules” to reduce the non-performing loans of…

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MOST READ

  • Cairo Mezz: The buyout right of Cairo 3 under market scrutiny – Valuation at €222 million 20 May 2026
  • New President at Intrum Hellas 25 May 2026
  • “Cured” Loans Await Return to Banks – Why Their Repatriation Is Delayed 20 May 2026
  • On May 29, the bids for the Property Acquisition and Re-leasing Agency are submitted 27 May 2026
  • Banks: Hercules’ €400 million in senior bonds were redeemed 22 May 2026
  • What Stournaras Said About Servicers 26 May 2026
News Tags Comments
  • Real Estate Acquisition and Leaseback Agency: CRC Emerges as Sole Bidder – Systemic Banks Expected to Join the Scheme
  • Louka Katseli’s response regarding her involvement with Pepper 
  • Borrowers with Swiss franc loans are rushing to take advantage of the favorable terms
  • The government’s 5 measures to address the €240 billion in “red” private debt
  • IMF on servicers: Information on “Hercules” should be strengthened
  • Servicers: Revenues over 550 million and EBITDA 293 million for the “Big 3”
  • Pierrakakis: The Real Estate Acquisition and Leaseback Agency will be operational by the end of fall
  • IMF: Warning for servicers and “Hercules”
  • G. Stournaras: “myth” the triangular transactions between banks and servicers
  • Tsakalotos: the goal is to evolve into a leading European company
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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