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Home2026

Year: 2026

Non-Performing Loans: Servicers Shift Focus to Debt Workouts as Auctions Decline
Business

Non-Performing Loans: Servicers Shift Focus to Debt Workouts as Auctions Decline

15 July 2026 Editors

Greece’s non-performing loan (NPL) market is undergoing a notable strategic shift, with loan servicers increasingly prioritising consensual debt restructuring

Katseli Law Ruling to Cost Hercules Securitisations Around €400 Million, Servicers Say
Featured

Katseli Law Ruling to Cost Hercules Securitisations Around €400 Million, Servicers Say

15 July 2026 Editors

The recent ruling by Greece’s Supreme Court on borrowers protected under the Katseli Law is expected to have an estimated €400 million impact on securitised portfolios

Direct arrangements of 400 million euros by servicers in May
Experts

Direct arrangements of 400 million euros by servicers in May

15 July 2026 Phil Karametos

A total of 399.3 million euros in loans were directly restructured with 4,821 borrowers in May by the four largest servicers.

Pierrakakis: Call on Servicers to Speed Up Loan Restructuring
Interviews

Pierrakakis: Call on Servicers to Speed Up Loan Restructuring

15 July 2026 Editors

Finance Minister Kyriakos Pierrakakis called on servicers to speed up loan restructuring and give borrowers a real second chance.

The five factories that are going up for auction in July
Buzz Talk

The five factories that are going up for auction in July

14 July 2026 Editors

Five industrial complexes of well-known companies, with decades of history in the Greek market, are expected to be at the center of electronic auctions

Intrum announces pricing of €525,000,000 7.000 percent senior secured notes due 2031
News

Intrum announces pricing of €525,000,000 7.000 percent senior secured notes due 2031

14 July 2026 Phil Karametos

The offering of the Notes is expected to close on or around July 24, 2026

Out-of-Court Settlement Mechanism: 1,800 New Settlements in June
News

Out-of-Court Settlement Mechanism: 1,800 New Settlements in June

13 July 2026 Phil Karametos

The consistently high level is primarily attributed to the new legislative framework and the expansion of eligibility criteria for the out-of-court debt settlement mechanism

QQuant Master Servicer’s Legal Battles
News

QQuant Master Servicer’s Legal Battles

13 July 2026 Phil Karametos

According to estimates by its legal advisors, the likelihood of most lawsuits succeeding is between 1% and 5%

Piraeus Bank: Restructuring Its Real Estate Portfolio
Featured

Piraeus Bank: Restructuring Its Real Estate Portfolio

13 July 2026 Phil Karametos

The six companies being absorbed have assets of approximately 171 million euros, while their net worth stands at approximately 29 million euros

Intrum resolves on a directed issue of approximately SEK 500 million as part of the directed issue of approximately SEK 1.5 billion
News

Intrum resolves on a directed issue of approximately SEK 500 million as part of the directed issue of approximately SEK 1.5 billion

8 July 2026 Phil Karametos

On 7 May 2026, Intrum AB (publ) (“Intrum” or the “Company”) announced an approximately SEK 7.5 billion fully guaranteed capital raise

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MOST READ

  • Intrum – Cepal: Deal that could reshape Greece’s servicing market moves closer 2 September 2026
  • Changes are coming at Intrum Hellas 1 September 2026
  • The suitors for the former Athenaeum Palace on Syngrou Avenue 1 September 2026
  • Swiss Franc: The Ministry of Finance considers an extension 2 September 2026
  • Measures for servicers to follow the Thessaloniki International Fair 1 September 2026
  • Massive restructuring of non-performing loans by servicers 1 September 2026
News Tags Comments
  • Why Greek banks are stepping up synthetic securitisations
  • European banks turn to synthetic securitisations to free up capital – and boost dividends
  • How the Supreme Court’s ruling on Katseli Act loans is being implemented
  • JPMorgan steps up its presence in Greece with corporate banking expansion
  • 45 Greek hotels head to auction despite tourism boom
  • Intrum announces the results of the tender offers for outstanding senior secured exchange notes of Intrum Investments and Financing AB
  • Mitsotakis criticizes the Katseli Law
  • Embedos properties up for auction by Alpha Real Estate Services
  • Servicers face new rules on loan restructurings – Interest rate caps and penalties under consideration
  • New cash distribution of 15 million euros by Cepal
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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