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Home2024April

Month: April 2024

Servicers: Monthly reporting on debt restructured
Featured

Servicers: Monthly reporting on debt restructured

24 April 2024 Editors

The Ministry of National Economy & Finance is proceeding with the recording and publication on a monthly basis of the…

Elliot new shareholder in doValue Group
Featured

Elliot new shareholder in doValue Group

23 April 2024 Editors

The recent decision of the doValue Group to start exclusive talks with the fourth largest servicer in Italy, Gardant, for…

Binding offers for €1.3 bln NPEs with PQH
Featured

Binding offers for €1.3 bln NPEs with PQH

23 April 2024 Editors

The binding offers were submitted yesterday to PQH by those interested in the package of unsecured NPLs amounting to 1.3…

Ministry of Finance, central bank review servicer business plans
Featured

Ministry of Finance, central bank review servicer business plans

22 April 2024 Editors

The securitizations of “Hercules” and in particular the business plans that servicers need to implement will be the subject of…

DBRS: Pan-European first for Greek banks in reducing NPLs
Featured

DBRS: Pan-European first for Greek banks in reducing NPLs

22 April 2024 Editors

The rating agency said that at the end of 2023 NPLs in Greece fell by 233 basis points to 5.7%,…

Bank of Greece wants more fire power from Hercules III 
Editorial

Bank of Greece wants more fire power from Hercules III 

19 April 2024 Editors

The Governor of the Bank of Greece, Yiannis Stournaras, has been exerting behind-the-scenes pressure to increase the firepower of Hercules…

What servicers want from Justice Minister
Featured

What servicers want from Justice Minister

18 April 2024 Editors

Issues related to the effectiveness of managing NPLs which to a large extent have been securitized and included in the…

SunriseMezz posts 4 mln euro profit, to pay dividend
Highlights

SunriseMezz posts 4 mln euro profit, to pay dividend

16 April 2024 Editors

SunriseMezz posted a profit of four million euros in 2023 and its board of directors is expected to propose the…

Phoenix Vega Mezz shows net profit of €11.2m in 2023
Business

Phoenix Vega Mezz shows net profit of €11.2m in 2023

16 April 2024 Editors

Phoenix Vega Mezz posted net profits of 11.2 million euros in 2023, compared to 4.8 million euros in 2022 with…

SSM: Greek banks lead drop in NPEs
Featured

SSM: Greek banks lead drop in NPEs

16 April 2024 Editors

Greek banks have made huge progress in reducing bad debt and despite still having a higher – albeit single-digit –…

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MOST READ

  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Objections to Seizures 18 August 2026
  • Digital Platform for Non-Performing Loans 18 August 2026
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging 25 August 2026
  • The loss per bank for loans under the Katseli Law 14 August 2026
  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026 14 August 2026
News Tags Comments
  • New company from Cepal with capital of 8 million
  • Katseli law loans: Banks and servicers race to finalise new repayment schedules by November
  • Alpha Bank aims for a 1 billion real estate portfolio
  • Bank of Cyprus Held €341 Million in REOs
  • Piraeus Bank to securitize step-up loans as 70% conversion target proves challenging
  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
  • Objections to Seizures
  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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