Editors, Author at NPL Confidential

Moody’s: Rise in NPLs will constrain Greek bank’s efforts to improve asset quality

28 January 2021 Editors Comments Off

Higher NPEs will place an additional strain on Greek banks’ plans to reduce their high stock of such exposures, which…

Ιntrum Year -end announcement 2020

28 January 2021 Editors Comments Off

Highly resilient performance in Q4, despite challenging operating conditions Credit Management Services positioned for growth with strong sales and record…

Alpha Bank said to completing Galaxy

26 January 2021 Editors Comments Off

Alpha Bank and Davidson Kempner (already selected as preferred bidder) are close to completing exclusive talks to seal an agreement in relation to the twin transaction of the EUR10.8bn NPEs securitization and servicer Cepal.

UK home repossessions may tenfold in 2022

25 January 2021 Editors Comments Off

Around 81,300 households were in home loan arrears last year, but figures suggest this could climb to 142,200 in 2021, prompting a surge in repossessions.

Catering sector: losses reach 90%

25 January 2021 Editors Comments Off

Almost 50% of the 80,000 companies in the catering sector are facing the risk of shutting down in 2021, as turnover levels dips by more than 40%.

Fitch: NPL could decline after moratoria with securitizations.

24 January 2021 Editors Comments Off

In its latest report, Fitch underlines that the banking sector remains a weakness for the sovereign credit profile.

National Bank: upfront loss from Frontier securitization seen below EUR450m

22 January 2021 Editors Comments Off

According to preliminary information disseminated to interested parties, the nominal value of the mezzanine tranche in NBG’s upcoming Frontier securitization of EUR6.1bn NPEs allegedly stands at EUR450m.

Bank of Greece expects a 8-10 bn euros rise of NPLs

21 January 2021 Editors Comments Off

The reduction of these loans, according to the BoG, is the most serious challenge of the banking system after the gradual lifting of the loan moratorium and other existing measures to protect borrowers.

Piraeus Bank sells property for 17.1 mln euros

21 January 2021 Editors Comments Off

Piraeus Bank proceeded with the sale of a property located in central Athens, at the junction of Michalakopoulou and Rapsanis streets, through an auction conducted by consultant Piraeus Real Estate.