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Home2024March

Month: March 2024

The new landscape for servicers – Who stays and who goes
Editorial

The new landscape for servicers – Who stays and who goes

28 March 2024 Editors

A decision by the Bank of Greece to proceed with the re-licensing of servicers and the tightening of their operating…

More double checks on servicers by central bank
Featured

More double checks on servicers by central bank

27 March 2024 Editors

The Bank of Greece (BoG) will continue with checks it carried out last year on all servicers in 2024, with…

Stournaras: “The two billion euros of guarantees from ‘Hercules III’ may not be enough”
Highlights

Stournaras: “The two billion euros of guarantees from ‘Hercules III’ may not be enough”

27 March 2024 Editors

The governor of the Bank of Greece (BoG), Yiannis Stournaras, expressed the opinion that the guarantees, amounting to two billion…

New Digital Services from Quant
Business

New Digital Services from Quant

27 March 2024 Editors

Aiming to offer modern support, communication and information services to its customers, Quant has announced the completion of its new…

Pavlatos (Octane): “The number of active management companies is expected to drop significantly”
Highlights

Pavlatos (Octane): “The number of active management companies is expected to drop significantly”

26 March 2024 Phil Karametos

Giorgos Pavlatos, co-founder and Senior Partner of Octane Management Consultants, estimates that the number of active management companies is expected…

The 5 pillar of doValue’s new three-year business plan
Featured

The 5 pillar of doValue’s new three-year business plan

26 March 2024 Editors

The new business plan for the three years 2024 – 2026 was presented by the doValue Group, focusing on five…

Servicers to present new platforms on Thursday
Experts

Servicers to present new platforms on Thursday

26 March 2024 Editors

The Big 3 of loan management companies – Intrum, doValue and Cepal – will have a meeting with the General…

Hercules III determines utilization of Frontier III
Featured

Hercules III determines utilization of Frontier III

26 March 2024 Editors

The management of the National Bank has Plan A and Plan B ready regarding the utilization of Frontier III which…

Finance Ministry reminds servicers of deadline on personalized platform
Featured

Finance Ministry reminds servicers of deadline on personalized platform

22 March 2024 Editors

In a letter sent on 19.03.2024, the General Secretary of the Financial Sector and Private Debt Management, Theoni Alambasi, reminds…

Finance Ministry considers changes to auctions
Highlights

Finance Ministry considers changes to auctions

21 March 2024 Editors

Plans to change the legal framework governing price reduction rates in the event of a barren auction, in order to…

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MOST READ

  • Etalia project up for sale by NBG 2 September 2025
  • The “damage” from a reversal of the Supreme Court’s decision is estimated at €1 billion  2 September 2025
  • Servicers are seeking a solution for the mass suspension of auctions 10 September 2025
  • The Aktor – Prodea real estate deal is canceled 10 September 2025
  • An overview of the Hercules Program 3 September 2025
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism 5 September 2025
News Tags Comments
  • Elena Stassi: From the Aktor Group to Qualco
  • New company from QUALCO
  • Out-of-court mechanism: More than 30% haircut for 1 in 2 debt settlements with banks – servicers
  • Private debt: Critical meeting on “red” loans and “Hercules”
  • Servicers: Loan settlements exceeding 3 billion euros
  • A new wave of foreclosures for tax debtors
  • The Aktor – Prodea real estate deal is canceled
  • Dimitris Mavros’ MRB under protection ahead of restructuring
  • Mezzanine in decline
  • Servicers are seeking a solution for the mass suspension of auctions
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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