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Home2023

Year: 2023

Extrajudicial mechanism: Forecast settlements seen higher at 1.9-2.4 bln euros in coming months
Featured

Extrajudicial mechanism: Forecast settlements seen higher at 1.9-2.4 bln euros in coming months

12 May 2023 Editors

  The improved performance of the extrajudicial mechanism has prompted an upward revision of loan restructuring expected for the next…

Well-known hotels go under the hammer
Buzz Talk

Well-known hotels go under the hammer

11 May 2023 Editors

At a time when Greek tourism is preparing to record this summer a new positive record in terms of arrivals…

Sfakianakis and Theocharakis loans change hands
Buzz Talk

Sfakianakis and Theocharakis loans change hands

11 May 2023 Editors

  The loans of N.I. Theocharakis and Sfakianakis are included in Project Hermes, which Alpha Bank recently completed, improving the…

Stournaras: “New delays in payments will not create a problem for banks”
Featured

Stournaras: “New delays in payments will not create a problem for banks”

11 May 2023 Editors

The governor of the Bank of Greece (BoG), Yiannis Stournaras, said that fresh sour debt, which is logical to exist…

After Hercules plan, “green” securitizations gain ground
Analysis

After Hercules plan, “green” securitizations gain ground

10 May 2023 Editors

After completing securitizations amounting to approximately 49 billion euros which allowed lenders to get rid of problem loans and therefore,…

Alpha Bank: NPLs slashed by 25 billion euros since 2018
Finance

Alpha Bank: NPLs slashed by 25 billion euros since 2018

10 May 2023 Editors

  A message of strong confidence in the further reduction of Alpha Bank’s Non-Performing Exposures (NPEs) was sent during a…

Real Estate Agency: Negotiations continue with four investors
Featured

Real Estate Agency: Negotiations continue with four investors

10 May 2023 Editors

Talks are continuing with four of the five investors who have expressed interest in undertaking the Real Estate Acquisition &…

Alpha Bank sees a smaller inflow of bad debt
Featured

Alpha Bank sees a smaller inflow of bad debt

9 May 2023 Editors

  The management of Alpha Bank expects a drop-off in the rate of new NPEs arising, especially in the retail…

Project Hermes goes to Fortress, Davidson Kempner
Highlights

Project Hermes goes to Fortress, Davidson Kempner

8 May 2023 Editors

Alpha Bank has announced the conclusion of a binding agreement for the sale of a mixed portfolio of Non-Performing Loans…

Piraeus Bank: new NPEs drop for seventh straight quarter
Featured

Piraeus Bank: new NPEs drop for seventh straight quarter

8 May 2023 Editors

  The CEO of Piraeus Bank, Christos Megalou, has proceeded with a downward revision to the group’s targetted non-performing loans…

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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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