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Home2023

Year: 2023

Out-of-court mechanism: Interest rate on loan restructurings reduced
Featured

Out-of-court mechanism: Interest rate on loan restructurings reduced

10 February 2023 Editors

Finance Minister Christos Staikouras announced a legislative initiative to improve the out-of-court mechanism and speed up debt settlements yesterday from…

Olympus Bank: The NPLs, the agreement with Quant and the “lock”
News

Olympus Bank: The NPLs, the agreement with Quant and the “lock”

9 February 2023 Editors

The Bank of Greece (BoG) has proceeded with the revocation of the operating license of Olympus Bank, placing it under…

How many borrowers could the Real Estate Agency cover?
Featured

How many borrowers could the Real Estate Agency cover?

9 February 2023 Editors

About 136,000 vulnerable borrowers behind on paying back loans exceeding 11.3 billion euros, could be covered by the Real Estate…

Haircuts of more than 30% for out-of-court settlements
Featured

Haircuts of more than 30% for out-of-court settlements

8 February 2023 Editors

Banks and Finance Ministry officials are trying to strengthen interest in the out of court mechanism by offering debt haircuts…

Loan management companies target first half restructurings of 3.2 bln euros
Editorial

Loan management companies target first half restructurings of 3.2 bln euros

7 February 2023 Editors

Loan management companies are aiming for first half restructurings of 3.2 billion euros, up more than 30% compared to the…

Intrum Hellas breaks portfolio into 7 parts, holds talks with investors
Featured

Intrum Hellas breaks portfolio into 7 parts, holds talks with investors

7 February 2023 Editors

Intrum Hellas is pushing ahead with NPLs deal on the secondary market with a different structure and characteristics in comparison with…

Project Skyline: Dimand – Premia and Alpha Bank binding agreement for 573 properties
Featured

Project Skyline: Dimand – Premia and Alpha Bank binding agreement for 573 properties

6 February 2023 Editors

Alpha Bank signed a binding agreement with the consortium of Dimand – Premia Properties for the utilization of the Skyline…

Attica Bank: Express sale of NPEs
Featured

Attica Bank: Express sale of NPEs

6 February 2023 Editors

After the final seperation of Attica Bank from Ellington Solutions and the initiation of due diligence by Thrivest, sources at…

Staikouras: Out-of-court loan settlements exceeded 1 bln euros
Featured

Staikouras: Out-of-court loan settlements exceeded 1 bln euros

6 February 2023 Editors

“The latest data on the progress of the Extrajudicial Debt Settlement Mechanism prove that it is now functioning satisfactorily”, said…

Applications pour in for subsidy to offset interest rate hikes
Highlights

Applications pour in for subsidy to offset interest rate hikes

3 February 2023 Editors

The launch of the platform operated by banks to subsidize housing or even small business loans, backed by the primary…

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MOST READ

  • Banks: €10 billion in liquidity from synthetic securitizations 30 December 2025
  • Source: Eurokinissi EFKA: Collection of insurance debts exceeding €50 billion in private hands 7 January 2026
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio 9 January 2026
  • In the Stengos family, the Piraeus Bank’s Vesta project 29 December 2025
  • Alpha Bank: Target revenue of €50 million from leases in 2026  5 January 2026
  • Servicers: Increase in settlements to 90% by 2026 5 January 2026
News Tags Comments
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio
  • Tzirakian: New 4-year loan repayment plan with Piraeus Bank and doValue
  • The European Court of Justice will decide on penalties for servicers
  • Capital reduction for INTRUM BTB
  • Starbucks’ NPEs at Eurobank, Alpha, and Piraeus
  • EFKA: Collection of insurance debts exceeding €50 billion in private hands
  • Bidding time for the Real Estate Acquisition and Leasing Agency
  • Borrowers prefer bilateral arrangements with Servicers
  • Servicers: Increase in settlements to 90% by 2026
  • Alpha Bank: Target revenue of €50 million from leases in 2026 
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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