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Home2026October

Month: October 2026

Hercules Scheme: How Greece Slashed Bad Loans from €75.3 Billion to Just 3.3% of Bank Loan Portfolios
Editorial

Hercules Scheme: How Greece Slashed Bad Loans from €75.3 Billion to Just 3.3% of Bank Loan Portfolios

12 October 2026 Editors

Seven years have passed since the European Commission approved the Hercules Asset Protection Scheme on October 10, 2019, marking a turning point

Loan Servicers Face New Rules on NPLs: Tighter Supervision, Fines of Up to €500,000 and Audits of the Hercules Scheme
Analysis

Loan Servicers Face New Rules on NPLs: Tighter Supervision, Fines of Up to €500,000 and Audits of the Hercules Scheme

12 October 2026 Editors

Loan servicing companies in Greece are facing stricter supervision and increased regulatory obligations, as the Ministry of National Economy and Finance

Interim Dividend from Phoenix Vega Mezz
Business

Interim Dividend from Phoenix Vega Mezz

9 October 2026 Editors

The distribution of an interim dividend totaling 3,000,000.00 euros (before tax withholding), corresponding to a gross amount of

No Picture
Editorial

New Framework for Debtors and Servicers Under Public Consultation – What It Entails

8 October 2026 Phil Karametos

The Ministry of National Economy and Finance has put its new draft law up for public consultation, with the core focus on strengthening debtor protection

A Second Chance for the Swiss Franc
News

A Second Chance for the Swiss Franc

8 October 2026 Phil Karametos

Holders of loans with Swiss franc clauses may have another chance, as banks are considering the possibility of continuing the restructuring arrangements

Qualco: Tsakalotos’ New Investment Bet – Real Estate, Embedded Finance and Defence
Interviews

Qualco: Tsakalotos’ New Investment Bet – Real Estate, Embedded Finance and Defence

7 October 2026 Phil Karametos

Qualco is betting on three new growth pillars as it maps out its next phase, seeking to broaden its footprint beyond the Group’s traditional business and develop

NBG Pay: License Extension
Finance

NBG Pay: License Extension

7 October 2026 Phil Karametos

NBG Pay is expanding its activities in the payments sector, following the Bank of Greece’s approval to offer new services. By decision of the Bank of Greece’s Credit

SEV: The Proposal on Crisis Loans and the Banks’ “Resolved” Loans
Business

SEV: The Proposal on Crisis Loans and the Banks’ “Resolved” Loans

7 October 2026 Phil Karametos

Market executives have described the proposal by SEV President Spyros Theodoropoulos, made at the Association’s General Assembly, to write off the debts

Out-of-Court Settlements: How Many Loans Did Servicers Restructure?
Highlights

Out-of-Court Settlements: How Many Loans Did Servicers Restructure?

7 October 2026 Phil Karametos

In August, servicers finalized restructuring agreements totaling 164.4 million euros for 2,080 borrowers.

Greek Loan Servicers Hunt for ‘Missing’ Borrowers Owing Over €35 Billion
Featured

Greek Loan Servicers Hunt for ‘Missing’ Borrowers Owing Over €35 Billion

7 October 2026 Phil Karametos

Greek loan servicers are facing a major challenge in tracking down hundreds of thousands of “missing” borrowers who owe more than €35 billion

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MOST READ

  • Piraeus Bank: Puts Four Non-Performing Loan Portfolios Up for Sale 2 November 2026
  • Eurobank Reviews CHF 580 Million Loan Portfolio as Part of Balance Sheet Clean-Up 3 November 2026
  • CrediaBank Acquires €37.4 Million Portfolio of Re-Performing Mortgage Loans in Landmark Deal for Greek Banking Market 4 November 2026
  • Loan Servicers: €18 Billion in Restructured Loans – Nearly One in Two Long-Term Restructurings Involves a Debt Haircut 29 October 2026
  • Servicers: Strong Discontent Over Withdrawal of Article 23 – Faster Debt Recoveries Now in Limbo 2 November 2026
  • Markopoulos’ Message to Funds on the New Oversight Rules 30 October 2026
News Tags Comments
  • doValue in Greece has earned the Great Place to Work Certification for the third consecutive year
  • Fortress Bolsters Castlegate
  • The way is paved for banks to repurchase restructured loans
  • Why Alpha Bank is keeping 900 million in “non-performing” loans on its balance sheet
  • Signing of agreements with banks regarding the real estate acquisition and leaseback entity to take place this week
  • Greece’s Four Largest Loan Servicers Restructure €500 Million in Debt Through Bilateral Agreements in September
  • Piraeus Bank: €40 Million Capital Relief from €550 Million Loan Securitisation
  • The Lawyers Behind the CrediaBank–Europe Holdings Deal
  • Intrum announces the results of the tender offers for outstanding senior secured exchange notes of Intrum Investments and Financing AB
  • What Servicers Say About Article 23
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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