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Eurozone banks expect to tighten access to credit further in the first quarter of this year, the European Central Bank’s…

The share capital increase of QQuant Master Servicer has been completed, an amount reaching 4.3 million euros, in a decision…

With these two acquisitions, including the 53 million euro loans acquired from Eurobank, HIG has received 143 million euros in claims, with Alpha Bank still being the company’s largest creditor with the debt of 170 million euros.

Bank of Cyprus Holdings Public Limited Company announced that it has reached an agreement with funds affiliated with Pacific Investment…

Finally, all the well-known Greek investors, who had initially expressed interest in the acquisition of Kallimani, backed down. The question…

The burden from new Covid-19 related defaults will be higher for banks that already had a high stock of NPLs such as Greek banks, where a big chunk (if not all) of the existing buffers was meant to be used to address part of their legacy NPLs .

The second wave of the pandemic crisis makes the need for “Hercules 2” imperative and has already begun to be assessed along with the new red loans and the cost of loan deferrals, amounting to 30 billion euros, provided by the banking system to support households and businesses.