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Eurobank and Piraeus Bank are renewing efforts to sell loans owed by the Kypriotis hotel group as HIG Capital fund, which had initially shown interest, is trying to take advantage of the coronavirus pandemic.

Recent changes to the criminal code set tight time limits for prosecutors probing financial crimes committed during the debt crisis or freezing the assets of suspects. Mr Mitsotakis dismissed the criticism, saying there was ample time to investigate crimes.

Alpha Bank received today non-binding bids for Galaxy NPE securitization and servicer Cepal disposal. 
Alpha Bank has set a 3 July deadline for the submission of non-binding bids for the twin transaction involving both the Galaxy NPE securitization and full disposal of servicer Cepal to an international investor.

What are the new-steeper discounts on bad loan deals? Aggregate consideration in current transactions is almost 10% lower compared with 2018.

Intrum published a white paper that confirms the negative financial impact of the Covid-19 crisis on the business outlook, the effects on the payment landscape, and financial behavior. The survey was conducted among financial executives and business leaders in 9,980 companies across 29 European countries..

Why did Alpha Bank give an extension on non binding bids for its Galaxy project?