Χωρίς κατηγορία

Alpha Bank and the villa of Lakis Gavalas in Mykonos go under the hammer The fact that Lakis Gavalas is…

The bank will implement in 2021 a more aggressive plan to reduce non-performing loans as it will proceed with a new reduction of NPEs, through securitizations, amounting to 5-6 billion euros in addition to the two securitizations totaling 7 billion euros (2 billion euro package Phoenix and the 5 billion euro Vega package) which are being launched and will be completed in the first months of 2021.

Alpha Bank has selected U.S. investment fund Davidson Kempner as its preferred bidder to buy a 10.8 billion euros  portfolio of non-performing loans, and Cepal.

What does the accumulation of losses signify for the presence of the group in the Greek market? In total, together with the losses that the Ferit Sahenk Group will show this year, losses reach 7.3 billion euros.

Banks and loan servicers argue that it is necessary to limit the perimeter of individuals that qualify for the out-of-court settlement procedure.

What will the US giant do in the Greek NPL market? Where will it strike next?