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Home2024

Year: 2024

Out-of-court debt settlements reach 6.3 bln euros
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Out-of-court debt settlements reach 6.3 bln euros

14 June 2024 Phil Karametos

Initial debts that have been settled through the out-of-court mechanism by the end of May amount to 6.33 billion euros.…

DBRS sees drop in risk costs of Greek banks
Featured

DBRS sees drop in risk costs of Greek banks

12 June 2024 Phil Karametos

The cost of provisions taken by Greek banks has registered a sharp drop due to the overall consolidation from bad…

Triple distinction for Intrum at Health & Safety Awards 2024
News

Triple distinction for Intrum at Health & Safety Awards 2024

11 June 2024 Phil Karametos

Intrum received three awards at this year’s Health & Safety Awards, true to its values ​​and steadily investing in a…

Piraeus Bank: New agreement with Brook Lane on property
Featured

Piraeus Bank: New agreement with Brook Lane on property

11 June 2024 Editors

CEO Christos Megalou wants to reduce the bank’s real estate inventory which is constantly increasing as the properties the bank…

Interest rate cut applies to servicer loans
News

Interest rate cut applies to servicer loans

10 June 2024 Editors

“The reduction in interest rates decided by the European Central Bank (ECB) will also be applied to loans managed by…

SSM pushes banks to finish up with state backed NPEs
Featured

SSM pushes banks to finish up with state backed NPEs

10 June 2024 Editors

Both the EU and the SSM are pushing banks to wind up with NPEs guaranteed by the Greek government which…

Submission of binding offers for PQH portfolios
Featured

Submission of binding offers for PQH portfolios

7 June 2024 Editors

The battle for the last major NPLs transaction involving PQH’s two portfolios of collateralized loans totaling €3.5 billion commenced today.…

Georgakopoulos: “Record year in 2023 for Intrum Group”
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Georgakopoulos: “Record year in 2023 for Intrum Group”

6 June 2024 Editors

The future of the European claims management market was described by Giorgos Georgakopoulos, Intrum’s Global Head of Servicing and Intrum’s…

Bank of Greece, servicer talks on new licenses continue
News

Bank of Greece, servicer talks on new licenses continue

5 June 2024 Phil Karametos

Negotiations between the Bank of Greece and servicers are continuing at an intensive pace in view of the new operating…

Debtors turn their backs on servicer platforms
News

Debtors turn their backs on servicer platforms

4 June 2024 Editors

So far, the participation of debtors in servicers’ online platforms that offer immediate and complete information about outstanding amounts, interest…

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  • Model “Hercules” for financing the major EU projects
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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 Qualco Real Estate servicers
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