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HomeBad Bank

Bad Bank

PM on Bloomberg: Bad Bank can wait
News Feed

PM on Bloomberg: Bad Bank can wait

18 June 2020 Christos N Konstas

In an interview with Bloomberg, referring to the bad bank option, Prime Minister Kyriakos Mitsotakis said: “it’s one option, but I don’t think…

A. Endria advocates  the set up of a bad bank
News

A. Endria advocates the set up of a bad bank

26 May 2020 Editors

Andrea Enria who is Chair of the Supervisory Board of the ECB, (SSM)   is supporting,  along with Yannis Stournaras…

Eurobank: Bad debt in hotel sector at 370 mln euros
Highlights

Eurobank: Bad debt in hotel sector at 370 mln euros

20 May 2020 Konstantinos Papagrigoris

The bank has applied for the guarantees from Hercules for all three Cairo titles and for the first two, the issue is expected in the coming days. The doValue deal is also expected in the coming days.

Eurobank CEO on NPEs, Bad Bank and fresh capital needs
Finance

Eurobank CEO on NPEs, Bad Bank and fresh capital needs

20 May 2020 Editors

Eurobank’s  CEO Fokion Karavias estimated that Greek NPEs will increase due to the pandemic but the problem will be lower compared to the 10-year crisis and manageable.

Yannis Stournaras’ new plan for a “bad bank”
Finance

Yannis Stournaras’ new plan for a “bad bank”

4 May 2020 Editors

The Bank of Greece is working on a plan for the creation of a “bad bank” to which all nonperforming loans (NPLs) of banks will be transferred. Still, as reported by the FT, the EC recently rebuffed an ECB proposal for a euro zone-wide bad bank.

Stournaras; a bad bank must be set up  quickly. NPEs expected to  increase by as much as 11% in 2020
Experts

Stournaras; a bad bank must be set up quickly. NPEs expected to increase by as much as 11% in 2020

21 April 2020 Editors

ECB officials, worry that the lock down due to coronavirus pandemic and the subsequent recession will trigger another surge in non-performing loans (NPLs). Bank of Greece reportedly expects NPE ratio to climb by 4%-11% due to Covid-19 crisis.

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MOST READ

  • Intrum Hellas: Maria Vergi Steps Down 22 September 2026
  • Auction Auctions of non-performing loans worth 3 billion euros are coming up 22 September 2026
  • Greece to Revamp Loan Servicer Rules in Push to Tackle €80bn Debt Stock 21 September 2026
  • Alpha Bank Completes Project Athena – €200 Million NPL Portfolio Transferred to Fortress 28 September 2026
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances 30 September 2026
  • Bracebridge Capital Invests in NPLs and Real Estate 22 September 2026
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  • The Mezz Paradox: What the Market Sees in Phoenix, Sunrise and Cairo
  • What Do the Government’s Measures for Servicers Entail?
  • Servicers see “gray areas” in Pierrakakis’s new measures
  • Loan Servicers: Fines of up to €500,000 and a Five-Instalment Penalty – What Changes for Debt Restructurings
  • Hercules: Two-Speed Securitisations – Wide Gap in State-Guaranteed Balances
  • Greece Tightens Rules for Loan Servicers, Sets Fines of Up to €500,000
  • SYRIZA Also Weighs In on the Private Debt Issue
  • Swiss Franc: 15,000 Loans Converted to Euros – “Haircut” of Up to 50% and Fixed Interest Rate of Up to 2.9%
  • European CLO refinancing activity surges as BofA lifts 2026 forecast to €60bn
  • Project Athena and the Development of the Loan Market
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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