News Archives - NPL Confidential

Cyprus, NPLs rose in April

26 July 2021 Editors

Non-performing exposures (NPEs) rose in April, according to Central Bank data released on Saturday. NPEs in April reached €5.14bn compared…

After Frontier comes the Ariadne project

26 July 2021 Editors

After the completion of the 6 billion euro Frontier project by the National Bank (NBG), the next big deal that is expected in the Greek secondary NPL market is the Ariadne sale which is deemed as the new “gem of the crown”.

S&P forecast NPE ratio below 20% in Greece by end 2022.

23 July 2021 Editors

Additional provisions are needed to complete NPA disposals and for loans under debt moratoriums, where it expects a default rate close to 25%.

Bids on Piraeus Bank’s Dory project set for Aug 6

22 July 2021 Konstantinos Papagrigoris

Work is continuing among top officials at Piraeus Bank, appointed the task of aggressively reducing the group’s NPEs and consolidating…

Alpha Bank to reduce NPEs by 8.1 bln euros with existing funds

22 July 2021 Konstantinos Papagrigoris

Alpha Bank’s NPEs Index is forecast to drop to 2% by the end of 2024, according to CEO Vasilis Psaltis.

Intrum, revenues up by 16% in Q2

22 July 2021 Editors

Intrum AB announced record cash collections in Q2 and accelerated capital deployment with circa SEK 6 bn committed for…

Katseli law loan restructurings on debt platform hit 49,000

22 July 2021 Konstantinos Papagrigoris

On the platform of the Special Secretariat for Private Debt Management, 49,000 debtors have rushed to update their data, when estimates had put the number at 40,000 pending cases.

National Bank: Frontier choice decided by loan servicer

21 July 2021 Editors

The management of NBG considers that the price is very satisfactory and beyond its expectations, confirming its strategic decision. The differences between the prices of the binding offers were very small.

Awarding of National Bank’s Frontier project to doValue prompts market reactions

21 July 2021 Editors

Bain Capital has conducted with National Bank approximately 3.8 billion euros (73%) transactions in the NPL market from a total of 5.2 billion euros that the company has made in the Greek market. from 2017.