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Home2024

Year: 2024

Hatzidakis: “29,000 people have settled debts of over 11 billion euros out of court”
Finance

Hatzidakis: “29,000 people have settled debts of over 11 billion euros out of court”

10 April 2024 Editors

The Minister of Finance, Kostis Hatzidakis, referred to the impressive results stemming from the out-of-court mechanism, recalling that to date…

Stournaras issues fresh NPLs warning inside and outside banks
Featured

Stournaras issues fresh NPLs warning inside and outside banks

10 April 2024 Editors

“The ratio of non-performing loans, despite its significant de-escalation, remains significantly higher than the average of Eurozone banks. At the…

Servicers: Additional features for borrowers on e-platforms
Featured

Servicers: Additional features for borrowers on e-platforms

9 April 2024 Editors

Management companies are preparing the next step in the operation of digital platforms adopted  April 1, with a view to…

Eurobank’s Leon project moves forward
News

Eurobank’s Leon project moves forward

8 April 2024 Editors

Eurobank is in the final stages of selling a portfolio of non-performing loans of all categories (housing, business, small business,…

Profits before taxes of 112.5 million euros for Intrum Hellas
Featured

Profits before taxes of 112.5 million euros for Intrum Hellas

8 April 2024 Editors

Intrum Hellas closed 2023 with pre-tax profits of 112.5 million euros, compared to 110.8 million euros the previous year, achieving…

Out-of-court settlements: 19,320 new applications vs 9,500 year-ago
News

Out-of-court settlements: 19,320 new applications vs 9,500 year-ago

5 April 2024 Editors

The large increase in applications to the extrajudicial mechanism continues, after the implementation of improvements instituted by the Ministry of…

Georgakopoulos Ocin24: The benefits of occupational social security funds
Featured

Georgakopoulos Ocin24: The benefits of occupational social security funds

5 April 2024 Editors

The most organized way to achieve long-term savings, with the help of professional managers, is the participation of employees in…

Johan Åkerblom appointed CFO of Intrum
Global

Johan Åkerblom appointed CFO of Intrum

4 April 2024 Editors

Johan Åkerblom has been appointed CFO of Intrum AB. Åkerblom has an extensive background in senior management roles in financial…

Green light from DBRS for consolidation of Attica Bank, Pancreta Bank balance sheets
Highlights

Green light from DBRS for consolidation of Attica Bank, Pancreta Bank balance sheets

4 April 2024 Editors

Details now remain for the consolidation of Attica Bank and Pancreta Bank balance sheets from bad debts that burden them,…

Properties worth more than 1 bln euros to go under the hammer
Featured

Properties worth more than 1 bln euros to go under the hammer

4 April 2024 Editors

More than 10,000 auctions are scheduled to be held in the next six months, with properties worth more than €1…

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News Tags Comments
  • The Aktor – Prodea real estate deal is canceled
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  • 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
  • Why aren’t red loans decreasing?
  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism
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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