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Home2024August

Month: August 2024

Zombie companies and NPLs
Analysis

Zombie companies and NPLs

20 August 2024 Phil Karametos

  The large number of zombie companies that – in one way or another – are still supported by banks,…

Banks: Stock of bad debt down to 5.5 bln euros
Analysis

Banks: Stock of bad debt down to 5.5 bln euros

14 August 2024 Editors

Greece’s four major banks have reduced their stock of bad debt to 5.5 billion euros, succeeding in bringing the figure…

FT: how doValue, Intrum gain from possible downturn in economy
Featured

FT: how doValue, Intrum gain from possible downturn in economy

13 August 2024 Editors

The Financial Times characterizes the potential new wave of NPLs as a “lifeline” for servicers as signaled by signs of…

Greek govt working on its own “Tiresias” credit bureau
Featured

Greek govt working on its own “Tiresias” credit bureau

9 August 2024 Phil Karametos

With overdue debts to the tax office exceeding 107 billion euros and amounts owed to the EFKA social security system…

QQuant, Intrum and Veraltis show highest restructuring rates
Featured

QQuant, Intrum and Veraltis show highest restructuring rates

8 August 2024 Editors

QQuant (96%), Intrum (89%) and Veraltis (87%) scored for the month July the highest loan restructuring rates on debts up…

New application to include of Project Solar in Hercules plan
Buzz Talk

New application to include of Project Solar in Hercules plan

7 August 2024 Editors

A new application has been submitted to the Ministry of Finance, for the inclusion of senior bond notes of the…

Eurobank completing Leon project
Business

Eurobank completing Leon project

7 August 2024 Editors

Eurobank has proceeded with a securitization of receivables from loans, with a gross book value of 590 million euros (project…

Out-of-court procedure: New record with €500 mln in July settlements
News

Out-of-court procedure: New record with €500 mln in July settlements

6 August 2024 Editors

The upward trend in the out-of-court mechanism continued, leading to a new record of 1,952 settlements for July, corresponding to…

Alpha Bank to securitize loans of 1 bln through Gaia I, II portfolios
Featured

Alpha Bank to securitize loans of 1 bln through Gaia I, II portfolios

6 August 2024 Editors

In the securitization of receivables of NPEs amounting to approximately 1 billion euros and the sale of a small portfolio,…

PQH: Agreement reached to sell 3 Alphabet portfolios
Business

PQH: Agreement reached to sell 3 Alphabet portfolios

5 August 2024 Phil Karametos

PQH, the special liquidator for all credit and financial institutions under special liquidation in Greece, has announced the signing of…

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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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