News Archives - NPL Confidential

StormHarbour completed the restructure of “Artemis” notes

1 October 2020 Editors Comments Off

StormHarbour announced the successful completion of a restructuring of the Greek NPL securitisation, Artemis. StormHarbour was exclusively mandated by the…

An.David’s FATSA is on sale

1 October 2020 Editors Comments Off

With 5 million euros, even a common mortal can live the legendary life of David. This concerns the legendary yacht…

Piraeus Bank affirms a 45bps capital hit from Phoenix

1 October 2020 Editors Comments Off

Piraeus Bank reaffirmed a 45bps upfront capital hit from EUR1.95bn mortgages Phoenix securitization. Responding to a query by the Capital…

EU is taking action against vulture funds

1 October 2020 Christos Ziotis Comments Off

A new Directive will establish that loan buyers must comply with consumer protection standards.

Zavvos: Hercules program will be extended if NPEs rise

1 October 2020 Konstantinos Papagrigoris Comments Off

In regards to the proposal from the Bank of Greece (BoG) for a bad bank, the deputy finance minister said that “we have not received it yet. When we receive it, we will analyze it with due care.