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HomeBank of Greece

Bank of Greece

Bank of Greece wants more fire power from Hercules III 
Editorial

Bank of Greece wants more fire power from Hercules III 

19 April 2024 Editors

The Governor of the Bank of Greece, Yiannis Stournaras, has been exerting behind-the-scenes pressure to increase the firepower of Hercules…

The new landscape for servicers – Who stays and who goes
Editorial

The new landscape for servicers – Who stays and who goes

28 March 2024 Editors

A decision by the Bank of Greece to proceed with the re-licensing of servicers and the tightening of their operating…

More double checks on servicers by central bank
Featured

More double checks on servicers by central bank

27 March 2024 Editors

The Bank of Greece (BoG) will continue with checks it carried out last year on all servicers in 2024, with…

Servicers to submit files on new operating licenses by March 29
Featured

Servicers to submit files on new operating licenses by March 29

6 March 2024 Editors

The clocking is ticking time for debt management companies (servicers), as by March 29 they must have submitted to the…

Bank of Greece approves Pillarstone acquisition by Thomopoulos
Experts

Bank of Greece approves Pillarstone acquisition by Thomopoulos

13 February 2024 Editors

Banker Anthimos Thomopoulos is launching a dynamic step in the financing of consistent borrowers, both households and businesses, through the…

Servicers face March 29 deadline from Bank of Greece
Experts

Servicers face March 29 deadline from Bank of Greece

12 February 2024 Editors

Servicers have until March 29 to submit their relicensing application to the Bank of Greece’s Credit System Supervision Directorate, in…

Bank of Greece launches assessment of servicers
Editorial

Bank of Greece launches assessment of servicers

31 January 2024 Editors

Bank of Greece has sent to servicers letters from its Supervisory Directorate calling on them to adapt to the new…

The servicer interested in loan refinancing business
Business

The servicer interested in loan refinancing business

27 December 2023 Phil Karametos

Servicers are showing interest in loan refinancing, with one of the 23 licensed by the Bank of Greece (BoG) having…

Bank of Greece governor: “Without the servicers, NPLs would not have left banks”
Featured

Bank of Greece governor: “Without the servicers, NPLs would not have left banks”

18 December 2023 Editors

The governor of the Bank of Greece (BoG), Yannis Stournaras, referred to the role played by the servicers in the…

Relicensing of servicers by the Bank of Greece
Featured

Relicensing of servicers by the Bank of Greece

12 December 2023 Phil Karametos

The Bank of Greece will proceed with the relicensing of receivables management companies, with the aim of issuing the revised…

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