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Home2024

Year: 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,…

The mezz rally and manager returns
Analysis

The mezz rally and manager returns

30 September 2024 Editors

Cairo Mezz stock is currently trading 300% higher from the corresponding price last year at this time. Phoenix Mezz stock…

Stournaras: Secondary NPLs market is vital
Featured

Stournaras: Secondary NPLs market is vital

30 September 2024 Editors

Bank of Greece governor Yiannis Stournaras characterized the development of secondary NPLs markets as being of vital importance, while also…

Intrum Hellas restructures more than 880 mln euros in debt since start of 2024
Featured

Intrum Hellas restructures more than 880 mln euros in debt since start of 2024

27 September 2024 Editors

Debt restructuring worth more than 880 million euros has been carried out by Intrum in Greece since the beginning of…

20% – 25% dip in securitization business plans
Featured

20% – 25% dip in securitization business plans

26 September 2024 Phil Karametos

Securitization business plans are showing an average dip of 20% and 25% in performance with servicers not having incorporated in…

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MOST READ

  • DOVALUE GREECE: The sale of Katseli Law loans has been completed 21 July 2025
  • Return of capital from CEPAL 22 July 2025
  • Cepal established Creditpal 21 July 2025
  • Piraeus: New portfolio sale with… a mix of red loans worth 300 million euros 30 July 2025
  • New successful divestment by BC Partners 22 July 2025
  • Distribution of an interim dividend of 18 million euros by Intrum Hellas 24 July 2025
News Tags Comments
  • The sale of the “Athena” project was announced by the CEO of Alpha Bank
  • SOLAR: What’s happening with securitization?
  • Megalou: 45 million the cost for loans in Swiss francs
  • The Erasinio is back on the auction block
  • Piraeus: New portfolio sale with… a mix of red loans worth 300 million euros
  • Following successful completion of recapitalisation, Andrés Rubio steps down and Johan Åkerblom appointed as President and Chief Executive Officer of Intrum
  • The Mezzanine rally at the Athens Stock Exchange
  • With less than 5% in Galaxy Cosmos Mezz, Reggeborgh
  • Intrum AB continues strong EBIT and net income trend in Q2 2025
  • Intrum successfully completes recapitalisation transaction and emerges in a strong position to deliver on business plan
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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