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Home2024

Year: 2024

Gold award for Intrum at Diversity, Equity & Inclusion Awards 2024
Business

Gold award for Intrum at Diversity, Equity & Inclusion Awards 2024

19 July 2024 Phil Karametos

Intrum has been distinguished with a Gold Award at this year’s Diversity, Equity & Inclusion Awards, for the second consecutive…

Intrum: Servicing profits up 22% in Q2
Featured

Intrum: Servicing profits up 22% in Q2

19 July 2024 Editors

Increased servicing profitability by 22% has been achieved during the second quarter of 2024 by the Intrum group, confirming its…

Intrum signs partnership with Cerberus representing significant milestone
News

Intrum signs partnership with Cerberus representing significant milestone

17 July 2024 Phil Karametos

  Intrum AB announced that it has signed a term sheet regarding an Investment Agreement with an affiliate of Cerberus…

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…

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MOST READ

  • Etalia project up for sale by NBG 2 September 2025
  • The “damage” from a reversal of the Supreme Court’s decision is estimated at €1 billion  2 September 2025
  • Servicers are seeking a solution for the mass suspension of auctions 10 September 2025
  • The Aktor – Prodea real estate deal is canceled 10 September 2025
  • An overview of the Hercules Program 3 September 2025
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism 5 September 2025
News Tags Comments
  • Servicers: Loan settlements exceeding 3 billion euros
  • A new wave of foreclosures for tax debtors
  • The Aktor – Prodea real estate deal is canceled
  • Dimitris Mavros’ MRB under protection ahead of restructuring
  • Mezzanine in decline
  • Servicers are seeking a solution for the mass suspension of auctions
  • The Kouris Group is once again the target of auctions
  • 20% underperformance in the revenues of the “Heracles” program
  • Official launch of the Working Group on Heracles guarantees
  • New Iris Payments service from doValue Greece
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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