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Home2023

Year: 2023

Offers for Attica Bank’s Astir 1 project set for March 31
Featured

Offers for Attica Bank’s Astir 1 project set for March 31

10 March 2023 Editors

The management of Attica Bank is in a race against time to sell the first package of non-performing loans, Astir…

Eurostat gives thumbs up to Hercules securitizations
Featured

Eurostat gives thumbs up to Hercules securitizations

9 March 2023 Editors

Eurostat is believed to have decided against including the Hercules state guarantees, amounting to some 20 billion euros, into Greece’s…

Cyprus needs a solution to auctions, restructurings issue
Global

Cyprus needs a solution to auctions, restructurings issue

8 March 2023 Editors

The need for a definitive solution to the issue of divestments and restructurings, in order to drastically reduce Non-Performing Loans…

Rio casino opens its doors as deal reached with workers in restructuring plan 
Business

Rio casino opens its doors as deal reached with workers in restructuring plan 

8 March 2023 Editors

Management has reached an agreement with workers at the Rio casino, allowing it to reopen, according to Glafka Capital. Several…

Banks and servicers support the extrajudicial mechanism
Featured

Banks and servicers support the extrajudicial mechanism

8 March 2023 Editors

In recent days, debt management companies, banks and the Special Secretariat for Private Debt Management have been in close cooperation…

3 Greeks behind the HIG – Beinoglou deal
Featured

3 Greeks behind the HIG – Beinoglou deal

7 March 2023 Editors

The agreement to acquire 80% of the Beinoglu logistics and transport company by HIG Capital Advisors LLC has been completed…

Christos Megalou roadshow in New York and Boston
Buzz Talk

Christos Megalou roadshow in New York and Boston

6 March 2023 Editors

Questions focused on the further consolidation of Piraeus Bank’s balance sheet during the meetings held over two days in New…

Scope Ratings points to progress on bad debts though NPL ratio still high
Analysis

Scope Ratings points to progress on bad debts though NPL ratio still high

6 March 2023 Phil Karametos

Scope Ratings points out in a report the successful push by Greek banks to limit the stock of bad debt…

SSM: Bad debt in Greece drops to 10 bln euros from 105 bln euros in 2015
Featured

SSM: Bad debt in Greece drops to 10 bln euros from 105 bln euros in 2015

6 March 2023 Editors

The stock of bad debt in Greece has dropped to 10 billion euros at the end of 2022, based on…

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%
News

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%

3 March 2023 Editors

More than one in four properties sold by auction went for a reduced price of between 20-35%. These are the…

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MOST READ

  • At Fortress, the “cured” loan package of doValue 6 May 2026
  • Cairo Mezz: Zero revenue in 2025 due to bond priority 4 May 2026
  • First sale of “restructured” loans by doValue 5 May 2026
  • Intrum: Greek expertise in “red” loans is entering the British market 8 May 2026
  • How 2025 ended for Cepal 5 May 2026
  • Non-performing loans: €81.5 billion remain in the hands of servicers, €11.8 billion have been resold 12 May 2026
News Tags Comments
  • Qualco: Tsakalotos’ New Agreements
  • Auction of 4 expensive hotels in May
  • Non-performing loans: €81.5 billion remain in the hands of servicers, €11.8 billion have been resold
  • The Multiple Significance of “Resolved” Loans
  • What Intrum’s Planned Capital Increase Signals
  • Changes at Intrum Hellas Reo
  • How much and why banks’ non-performing loans have decreased
  • Intrum: Greek expertise in “red” loans is entering the British market
  • Loan restructurings of 290 million euros in March by the Servicers
  • Intrum executes first quarter of new strategy and announces a fully guaranteed capital raise
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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