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Home2024June

Month: June 2024

DBRS sees drop in risk costs of Greek banks
Featured

DBRS sees drop in risk costs of Greek banks

12 June 2024 Phil Karametos

The cost of provisions taken by Greek banks has registered a sharp drop due to the overall consolidation from bad…

Triple distinction for Intrum at Health & Safety Awards 2024
News

Triple distinction for Intrum at Health & Safety Awards 2024

11 June 2024 Phil Karametos

Intrum received three awards at this year’s Health & Safety Awards, true to its values ​​and steadily investing in a…

Piraeus Bank: New agreement with Brook Lane on property
Featured

Piraeus Bank: New agreement with Brook Lane on property

11 June 2024 Editors

CEO Christos Megalou wants to reduce the bank’s real estate inventory which is constantly increasing as the properties the bank…

Interest rate cut applies to servicer loans
News

Interest rate cut applies to servicer loans

10 June 2024 Editors

“The reduction in interest rates decided by the European Central Bank (ECB) will also be applied to loans managed by…

SSM pushes banks to finish up with state backed NPEs
Featured

SSM pushes banks to finish up with state backed NPEs

10 June 2024 Editors

Both the EU and the SSM are pushing banks to wind up with NPEs guaranteed by the Greek government which…

Submission of binding offers for PQH portfolios
Featured

Submission of binding offers for PQH portfolios

7 June 2024 Editors

The battle for the last major NPLs transaction involving PQH’s two portfolios of collateralized loans totaling €3.5 billion commenced today.…

Georgakopoulos: “Record year in 2023 for Intrum Group”
Featured

Georgakopoulos: “Record year in 2023 for Intrum Group”

6 June 2024 Editors

The future of the European claims management market was described by Giorgos Georgakopoulos, Intrum’s Global Head of Servicing and Intrum’s…

Bank of Greece, servicer talks on new licenses continue
News

Bank of Greece, servicer talks on new licenses continue

5 June 2024 Phil Karametos

Negotiations between the Bank of Greece and servicers are continuing at an intensive pace in view of the new operating…

Debtors turn their backs on servicer platforms
News

Debtors turn their backs on servicer platforms

4 June 2024 Editors

So far, the participation of debtors in servicers’ online platforms that offer immediate and complete information about outstanding amounts, interest…

Kypriotis group: Results in the shadow of critical court decision
Buzz Talk

Kypriotis group: Results in the shadow of critical court decision

4 June 2024 Editors

Kypriotis Group, which is awaiting a critical court decision, belatedly released its financial results for 2022, when three of its…

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MOST READ

  • Non-Performing Loans: New Strategy to Tackle €80 Billion in Debt – Write-Offs and Refinancing on the Table 14 October 2026
  • doValue Greece: Agreement with doAdvise for Loan Portfolio Data Management 21 October 2026
  • Loan Servicers Face New Rules on NPLs: Tighter Supervision, Fines of Up to €500,000 and Audits of the Hercules Scheme 12 October 2026
  • High Goals for doValue 14 October 2026
  • Only 1 in 5 auctions is successful 14 October 2026
  • SSM Urges Greek Banks to Curb Credit Expansion Amid Rising Interest Rate Risks 13 October 2026
News Tags Comments
  • Balance sheet strengthened, Servicing income still under pressure and Investing volumes increased
  • Public Comment Period for the Servicer Bill Closes — What the Comments Reveal
  • doValue Greece: Agreement with doAdvise for Loan Portfolio Data Management
  • Nomination Committee in Intrum
  • Cairo Mezz: Outstanding balance of A bonds stands at 1.494 billion euros
  • What the SSM Fears – Outstanding Issues in Its Discussions with Banks
  • doValue to Value 14 Properties Owned by Hellenic Rail Estate
  • Alpha Bank: Quiet Moves in Real Estate Ahead of Investor Day
  • Greece’s Sale-and-Leaseback Scheme Nears Final Award to Christofferson, Robb & Co – Initial Operations Expected in January
  • Neoset’s Industrial Complex in Chalkida Sold to New Owner at Auction
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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