Finance Archives - NPL Confidential

Greece’s Recovery Plan: Commitment Is Key to Success

29 March 2021 Christos N Konstas

In advance of details of Greece’s final National Recovery and Resilience Plan (RRP) expected this week, according to the draft…

Government, banks, loan servicers split on implementation of new bankruptcy code

11 December 2020 Konstantinos Papagrigoris

Lenders must speed up all the procedures in order to launch the operation of the platform concerning the out-of-court settlement of natural persons, as provided by the new bankruptcy code, also known as the “Second Chance”.

Government clears backlog of pending Katseli law cases

9 November 2020 Editors

Greek government voted on Friday on law aiming to clear backlog of pending Katseli law cases by mid-2022.

Credit expansion accelerates in Greece after a long hibernation period

29 October 2020 Christos N Konstas

Growth rate of the total credit extended to the economy accelerated further in September, at +10.6% year on year vs.…

A week’s delay for Alpha Bank’s Galaxy sale

26 October 2020 Christos N Konstas

Alpha Bank’s binding bids for the sale of its entire stake in loan servicing company Cepal and an up to…

DBRS Morningstar positive on Greece’s new financial reality

26 October 2020 Christos N Konstas

DBRS Morningstar changed the euro area risk category of the Hellenic Republic from MEDIUM to LOW. Despite the deterioration in…

DBRS Morningstar: Greek Banks Contain COVID-19 Impact to Date, but Downside Risks Loom

23 September 2020 Christos N Konstas

DBRS Morningstar has released a commentary discussing the impact of the COVID-19 pandemic on the financial strength of the Greek…

Credit flows positive (+6%) in the Greek Economy

28 July 2020 Christos N Konstas

Bank of Greece announced that the growth rate of total credit extended to the domestic economy (including the general government)…

The the “Bad Bank” plan

17 July 2020 Christos N Konstas

What the Bank of Greece plan to create an Asset Management Company for NPLs includes?

Νational Bank launches investor contacts on Frontier project

30 June 2020 Konstantinos Papagrigoris

The bank has started approaching investors in summer on the securitization of the Frontier project with non-performing loans more than 6 billion euros.