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Home2024

Year: 2024

Attica Bank: The target for an NPE ratio below 35% and “Hercules”
Featured

Attica Bank: The target for an NPE ratio below 35% and “Hercules”

12 March 2024 Editors

The management of Attica Bank expects a ratio of bad loans lower than 35% in 2025 and is considering turning…

Applications to new extrajudicial mechanism more than double
News

Applications to new extrajudicial mechanism more than double

11 March 2024 Editors

Debtors have submitted 7,360 new applications to new extrajudicial mechanism platform in February. The number is more than double the…

Eurobank’s new NPEs below expectations
Business

Eurobank’s new NPEs below expectations

11 March 2024 Editors

Eurobank has moved at a faster pace than expected in 2023  in terms of the further consolidation of the loan…

Alpha Bank considers turning to Hercules III
Featured

Alpha Bank considers turning to Hercules III

8 March 2024 Editors

The goal of reducing Alpha Bank’s NPEs to below 5% this year and below 4% in 2025 was set by…

First federation of Greek servicers founded
Featured

First federation of Greek servicers founded

7 March 2024 Editors

The employees of DoValue Greece and Cepal Hellas have joined forces to create the first federation of servicers. On Tuesday,…

Servicers request inclusion of REOCOs in subsidized real estate programs
News

Servicers request inclusion of REOCOs in subsidized real estate programs

6 March 2024 Editors

A set of proposals that will allow for the entry of an important stock of real estate worth less than…

Servicers to submit files on new operating licenses by March 29
Featured

Servicers to submit files on new operating licenses by March 29

6 March 2024 Editors

The clocking is ticking time for debt management companies (servicers), as by March 29 they must have submitted to the…

Βank of Greece: Indices of residential property prices
Featured

Βank of Greece: Indices of residential property prices

5 March 2024 Phil Karametos

According to provisional data, apartment prices (in nominal terms) are estimated to have increased on average by 11.8% year-on-year in…

Banks: Progress made on NPLs and the challenges ahead
Editorial

Banks: Progress made on NPLs and the challenges ahead

1 March 2024 Editors

The Hellenic Banking Association (HBA) points out the significant progress that Greek banks have achieved in reducing bad debt, focusing,…

How much the state collected in commissions from “Hercules”
Analysis

How much the state collected in commissions from “Hercules”

1 March 2024 Editors

Commissions, amounting to approximately 260 million euros, were collected by the state in the two years 2022-2023 from “Hercules”, with…

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  • Banks and servicers to put 15,000 properties on the market in 2026 26 November 2025
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  • Deutsche Bank is expanding into the Greek market 20 November 2025
  • The NPE ratio is below 3% for the first time since Greece joined the Eurozone 19 November 2025
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  • Servicers seek to reduce timeframes and increase settlements
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  • Banks and servicers to put 15,000 properties on the market in 2026
  • The Commission sounds the alarm on ‘red’ loans
  • The Swiss franc and the Supreme Court
  • Eurobrokers’ prime properties in Marousi in new hands
  • Galaxy Cosmos Mezz: What the share capital reduction signifies
  • 32% more foreclosures in 2024
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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