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Home2024

Year: 2024

Statistics on loans serviced by Credit Servicing Firms (CSFs)
Analysis

Statistics on loans serviced by Credit Servicing Firms (CSFs)

19 March 2024 Phil Karametos

  In the fourth quarter of 2023, the nominal value of loans to the domestic private sector serviced by domestic…

Intrum AB appoints Houlihan Lokey and Milbank to improve debt capital
Featured

Intrum AB appoints Houlihan Lokey and Milbank to improve debt capital

15 March 2024 Editors

Intrum AB has appointed Houlihan Lokey and Milbank as advisors to assist in an evaluation of alternatives to strengthen the…

Banks reduce NPEs in 2023
Featured

Banks reduce NPEs in 2023

14 March 2024 Editors

A significant reduction in NPEs was recorded for 2023 by all systemic banks. Specifically, the ratio of non-performing exposures (NPEs)…

New auction for “Elounda Beach Hotel & Villas” and “Elounda Bay Palace” at 300 million euros
Buzz Talk

New auction for “Elounda Beach Hotel & Villas” and “Elounda Bay Palace” at 300 million euros

14 March 2024 Editors

A new auction has been launched at the expense of “Helios” company of the Mantonanakis Group for two 5-star hotels…

Center for Financial Responsibility from doValue Greece
Featured

Center for Financial Responsibility from doValue Greece

13 March 2024 Editors

doValue is moving forward with the creation of an innovative Center for Financial Responsibility, with the name “doResponsible Financial Center”.…

Phoenix Vega Mezz PLC: Announcement of coupons received
Finance

Phoenix Vega Mezz PLC: Announcement of coupons received

13 March 2024 Phil Karametos

The Company announces that as of February 2024, it has received coupon payments corresponding to the preceding 3-month interest period,…

Sunrise Mezz PLC: Announcement of coupons received
Finance

Sunrise Mezz PLC: Announcement of coupons received

13 March 2024 Editors

Announcement of the 2024 Financial Calendar Sunrise Mezz PLC (the “Company”) announces its financial calendar for the year 2024: The…

Inflow of NPLs in 2023 at 200 mln euros for National Bank
Finance

Inflow of NPLs in 2023 at 200 mln euros for National Bank

13 March 2024 Editors

Inflows of non-performing loans for National Bank (NBG) hit 200 million euros in 2023, the lender said in a conference…

Georgakopoulos (Intrum): “The medium-sized players in Europe are out of the market”
Experts

Georgakopoulos (Intrum): “The medium-sized players in Europe are out of the market”

13 March 2024 Editors

Giorgos Georgakopoulos, Global Head of Servicing at Intrum and CEO of Intrum in Greece, predicted changes in the structure of…

Eurobank: €400 million NPE portfolio for sale
News

Eurobank: €400 million NPE portfolio for sale

12 March 2024 Editors

A portfolio of NPLs amounting to 400 million euros is being prepared for sale by Eurobank. This is the Leon…

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MOST READ

  • Etalia project up for sale by NBG 2 September 2025
  • What proposals did the servicers bring to the meeting at the Bank of Greece? 27 August 2025
  • Swedish FSA closes investigation into Intrum Sweden 28 August 2025
  • The “damage” from a reversal of the Supreme Court’s decision is estimated at €1 billion  2 September 2025
  • An overview of the Hercules Program 3 September 2025
  • Masih Yazdi Intrum appoints Masih Yazdi as Chief Financial Officer 27 August 2025
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  • 20% underperformance in the revenues of the “Heracles” program
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  • Servicers are calling for measures to address the high default rates of the out-of-court settlement mechanism
  • The role of servicers in the Real Estate Acquisition and Leasing Agency 
  • An overview of the Hercules Program
  • Piraeus: Shortage of 180,000 homes in the Greek market to be covered in five years
  • The “damage” from a reversal of the Supreme Court’s decision is estimated at €1 billion 
  • Etalia project up for sale by NBG
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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