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Home2024October

Month: October 2024

Scope: Bad debts increase in Europe,  Greece bucks trend
Featured

Scope: Bad debts increase in Europe,  Greece bucks trend

7 October 2024 Editors

NPLs are on the rise in Europe with data showing an increase in the Netherlands, Germany, Finland and France, notes…

National Bank: Risks that threaten NPL reduction targets
Finance

National Bank: Risks that threaten NPL reduction targets

2 October 2024 Phil Karametos

Particular reference to pressures associated with problem loans was made in National Bank’s prospectus for its share placement due to…

Megalou: “Agreement with Intrum an important milestone for Piraeus Bank”
Featured

Megalou: “Agreement with Intrum an important milestone for Piraeus Bank”

2 October 2024 Editors

Piraeus Bank CEO Christos Megalou has described as an important milestone the lender’s agreement with Intrum concerning the sale of…

Phoenix Vega Mezzanine profit at 52 mln euros due to bond revaluation
Business

Phoenix Vega Mezzanine profit at 52 mln euros due to bond revaluation

1 October 2024 Phil Karametos

Phoenix Vega Mezzanine has reported profit of 52.5 million euros for the first half of the year, while interest income…

Intrum making optimal use of surplus cash
Business

Intrum making optimal use of surplus cash

1 October 2024 Phil Karametos

Intrum Hellas has proceeded with the third reduction of its share capital in a row, “in order to make the…

Piraeus Bank upgraded by DBRS on lower NPEs
Highlights

Piraeus Bank upgraded by DBRS on lower NPEs

1 October 2024 Phil Karametos

DBRS rating agency has upgraded Piraeus Bank to BB (high) from BB, also upgrading the outlook to positive from stable,…

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  • The Commission’s concerns about Servicers
  • How many and what types of loans did Servicers restructure in October?
  • Extrajudicial: New record in debt settlements in November
  • Intrum announces the results of the tender offers for outstanding senior secured exchange notes of Intrum Investments and Financing AB
  • Alpha Bank: 300 properties sold annually
  • Awaiting new transactions in the secondary loan market
  • 80% of auctions unsuccessful in 2025
  • Lawyers’ associations take a stand on the Swiss franc issue
  • How will the transfer of regulated loans be accelerated?
  • Qualco Group: Dual inclusion in the General Index and Mid Cap of the Athens Stock Exchange
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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