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Triple mega deal between Prodea and Papaleka for a €676 million real estate package, Piraeus Tower, and offices in Rome
Business

Triple mega deal between Prodea and Papaleka for a €676 million real estate package, Piraeus Tower, and offices in Rome

8 December 2025 Phil Karametos

Shortly before the end of the year, Prodea Investments SA is proceeding with a triple mega deal with the Papaleka group, which initially includes

Alpha Bank: Sale of SME NPE portfolio
Business

Alpha Bank: Sale of SME NPE portfolio

8 December 2025 Editors

Alpha Bank announced the completion of the transfer to Waterwheel Capital Management, L.P., a portfolio of Non-Performing Exposures toward Greek

Alpha Bank: 300 properties sold annually
Business

Alpha Bank: 300 properties sold annually

3 December 2025 Phil Karametos

High-ranking executives from the banking system and the real estate market held an extensive discussion on the properties still owned by banks and servicers

Lawyers’ associations take a stand on the Swiss franc issue
Business

Lawyers’ associations take a stand on the Swiss franc issue

3 December 2025 Phil Karametos

The Athens, Piraeus, and Thessaloniki Bar Associations are filing an additional intervention with the Supreme Court in favor of borrowers with Swiss franc-denominated loans

CrediaBank’s CET1 increase due to Perseus II
Business

CrediaBank’s CET1 increase due to Perseus II

24 November 2025 Phil Karametos

The completion of the new synthetic securitization (Perseus II) last month is expected to contribute to an increase of approximately 70 basis points in CrediaBank’s

Uniko financing nears completion
Business

Uniko financing nears completion

12 November 2025 Phil Karametos

The financing of the Uniko platform by the consortium of National Bank and Qualco is nearing completion, as €13 million of the €14 million

Cepal proceeds with strategic investment in fintech company Finclude
Business

Cepal proceeds with strategic investment in fintech company Finclude

11 November 2025 Phil Karametos

Cepal has signed an agreement to acquire a 51% stake in Finclude, a fintech company that uses real banking transactions and open banking

Alumil: Ends cooperation with servicers – Loans exclusively with banks
Business

Alumil: Ends cooperation with servicers – Loans exclusively with banks

6 November 2025 Phil Karametos

Alumil announced that the restructuring process of selected loan obligations has been completed and that servicers will no longer be involved.

Working Meeting by the Hellenic Loan Servicers Association
Business

Working Meeting by the Hellenic Loan Servicers Association

5 November 2025 Phil Karametos

The Hellenic Loan Servicers Association organized a working meeting with the participation of all the central stakeholders interested in engaging in actions

Cepal manages Piraeus Bank’s Imola project
Business

Cepal manages Piraeus Bank’s Imola project

29 October 2025 Phil Karametos

Piraeus Bank sold a portfolio of non-performing loans worth €250 million. This is Project Imola, which consists of business and consumer loans

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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