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Home2024July

Month: July 2024

SSM seeks provisions of 400 miln for loans guaranteed by Greek state
Featured

SSM seeks provisions of 400 miln for loans guaranteed by Greek state

17 July 2024 Phil Karametos

The supervisor is warning of the risk to distorting Greek bank indices relating to NPLs as it raises the issue…

BoG: DBRS results on Attica Bank better-than-expected
Highlights

BoG: DBRS results on Attica Bank better-than-expected

17 July 2024 Phil Karametos

The DBRS report on Attica Bank and Pancreta Bank was better-than-expected, said deputy Bank of Greece (BoG) governor,  Christina Papakonstantinou…

Cooperative Bank of Epirus reduces NPLs without sales, Hercules
Finance

Cooperative Bank of Epirus reduces NPLs without sales, Hercules

16 July 2024 Phil Karametos

During the general assembly of the Cooperative Bank of Epirus, president Vassilis Kolios stated that during 2024 “we increased business…

Qualco Group acquires 70% of Middle Office
Business

Qualco Group acquires 70% of Middle Office

16 July 2024 Phil Karametos

The acquisition of 70% of Middle Office, a specialist provider of wholesale loan and credit support and management services, has…

Over 10,000 real estate auctions set for H2
Featured

Over 10,000 real estate auctions set for H2

15 July 2024 Phil Karametos

A total of 10,234 properties are set to be auctioned in the second half of the year, as procedures pick…

Intrum enters binding lock-up agreement with noteholders
Business

Intrum enters binding lock-up agreement with noteholders

12 July 2024 Editors

Intrum AB (“Intrum” and together with its subsidiaries, the “Group”) has announced that it has entered into a binding lock-up…

doValue receives license from cental bank
News

doValue receives license from cental bank

11 July 2024 Editors

The relicensing process of doValue Greece as debt manager from the Bank of Greece (BoG) has been completed. The central…

The challenges of returning cured loans to banks
Featured

The challenges of returning cured loans to banks

11 July 2024 Editors

Returning cured loans to systemic banks from sevicers is proving difficult in a segment that – under certain conditions –…

Under what conditions could 20 bln euros of cured loans return to banks
Finance

Under what conditions could 20 bln euros of cured loans return to banks

10 July 2024 Editors

On the subject of returning to banks cured loans that servicers have under their umbrella, the Chief Financial Officers (CFOs)…

NPLs on the rise in Europe
Global

NPLs on the rise in Europe

10 July 2024 Editors

There is a significant acceleration in the increase of bad debt in the Eurozone, notes Scope Ratings, with the accumulation…

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  • The loss per bank for loans under the Katseli Law 14 August 2026
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  • Inspections by the Bank of Greece for the business plans of Servicers 17 August 2026
  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026 14 August 2026
  • Objections to Seizures 18 August 2026
  • Loan Servicers Step Up Debt Restructurings for Micro-Businesses – €84.5m in June 12 August 2026
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  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
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  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
  • Inspections by the Bank of Greece for the business plans of Servicers
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  • Step-up loans: Servicers set to take over unresolved portfolios by end-2026
  • Cepal to Distribute €15 Million Dividend Following Strong 2025 Performance
  • Loan Servicers Step Up Debt Restructurings for Micro-Businesses – €84.5m in June
  • What does the Moon II portfolio that Eurobank is putting up for sale include?
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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