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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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  • At Fortress, the “cured” loan package of doValue 6 May 2026
  • Cairo Mezz: Zero revenue in 2025 due to bond priority 4 May 2026
  • First sale of “restructured” loans by doValue 5 May 2026
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  • How 2025 ended for Cepal 5 May 2026
  • Non-performing loans: €81.5 billion remain in the hands of servicers, €11.8 billion have been resold 12 May 2026
News Tags Comments
  • Over 11,500 residential property auctions scheduled through November – 75% priced under €150,000
  • Qualco: Tsakalotos’ New Agreements
  • Auction of 4 expensive hotels in May
  • Non-performing loans: €81.5 billion remain in the hands of servicers, €11.8 billion have been resold
  • The Multiple Significance of “Resolved” Loans
  • What Intrum’s Planned Capital Increase Signals
  • Changes at Intrum Hellas Reo
  • How much and why banks’ non-performing loans have decreased
  • Intrum: Greek expertise in “red” loans is entering the British market
  • Loan restructurings of 290 million euros in March by the Servicers
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue ECB Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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