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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

  • Banks: €10 billion in liquidity from synthetic securitizations 30 December 2025
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio 9 January 2026
  • Source: Eurokinissi EFKA: Collection of insurance debts exceeding €50 billion in private hands 7 January 2026
  • The sale of Cairo III will be finalized in early February 12 January 2026
  • Alpha Bank: Target revenue of €50 million from leases in 2026  5 January 2026
  • Servicers: Increase in settlements to 90% by 2026 5 January 2026
News Tags Comments
  • Intrum announces sale of portfolios for EUR 215m, above book value
  • The sale of Cairo III will be finalized in early February
  • When will the new platform for auction appeals go live?
  • Cairo Mezz Plc: Proceeds with the sale of part of its loan portfolio
  • Tzirakian: New 4-year loan repayment plan with Piraeus Bank and doValue
  • The European Court of Justice will decide on penalties for servicers
  • Capital reduction for INTRUM BTB
  • Starbucks’ NPEs at Eurobank, Alpha, and Piraeus
  • EFKA: Collection of insurance debts exceeding €50 billion in private hands
  • Bidding time for the Real Estate Acquisition and Leasing Agency
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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