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Home2024February

Month: February 2024

Bad debt turned around and heading back to banks
Editorial

Bad debt turned around and heading back to banks

23 February 2024 Editors

NPLs that have been cured by servicers and are being returned to banks is in the final stretch. In fact,…

The 5-star Lindos Memories goes under the hammer
Buzz Talk

The 5-star Lindos Memories goes under the hammer

23 February 2024 Editors

The auction of the 5-star hotel complex “Lindos Memories” in Rhodes is scheduled for Thursday, February 22. The process is…

US banks: NPEs from commercial real estate exceed forecasts
Global

US banks: NPEs from commercial real estate exceed forecasts

22 February 2024 Editors

Non-performing loans linked to commercial real estate now exceed loan loss forecasts at the six largest US banks, raising concerns…

Britannia property in N. Philadelphia changes hands
Buzz Talk

Britannia property in N. Philadelphia changes hands

22 February 2024 Editors

The property of the historic textile factory “Britannia” changed hands in N. Philadelphia next to the AEK stadium. The property…

Proposals from servicers on the utilization of the NPL properties
Business

Proposals from servicers on the utilization of the NPL properties

21 February 2024 Editors

Banks and servicers are seeking the rapid return to the market of real estate linked – in one way or…

Servicers: Loan restructurings of €6.4 billion in 2023
Experts

Servicers: Loan restructurings of €6.4 billion in 2023

20 February 2024 Editors

According to the report of the work of the Association of Loan and Credit Receivables Management Companies (EEDADP) for the…

National Bank of Greece completes the Frontier II transaction
News

National Bank of Greece completes the Frontier II transaction

20 February 2024 Editors

Following a relevant announcement on July 29th, 2022, National Bank of Greece (“NBG”) informs investors on the completion of the…

Bank of Cyprus sees small spike in NPLs
News

Bank of Cyprus sees small spike in NPLs

20 February 2024 Editors

Bad debt held by Bank of Cyprus showed an increase of seven million euros, with the bank, however, revising the…

Real Estate Agency: One to one contacts with investors begin
News

Real Estate Agency: One to one contacts with investors begin

20 February 2024 Editors

Interested investors are entering this week the second phase of the tender for the establishment of the Acquisition and Re-leasing…

Contracts claimed by the servicers
Featured

Contracts claimed by the servicers

20 February 2024 Editors

Contracts, both with banks and with investors, for the management of NPLs , but also extra fees in case of…

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  • Intrum extends deadlines for noteholders
  • Statistics on loans serviced by Credit Servicing Firms (CSFs)
  • The deal between Super League 2 and doValue
  • Second investment fund by Nikos Karamouzis with capital exceeding 150 million euros
  • New auction for MLS
  • Damage of over one billion euros in case of recalculation of installments on Katseli loans
  • Interest of foreign investors in “green” loans
  • Panousis (doValue): “In five months, FinTHESIS has communicated with or advised over 8,000 potential borrowers”
  • HIP and Bain are the favorites for the Divani hotels
  • doValue has established a new subsidiar
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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