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HomeBank of Greece

Bank of Greece

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…

Bad debt up by 1.6 billion euros in the six months
Featured

Bad debt up by 1.6 billion euros in the six months

10 November 2023 Editors

The Bank of Greece is sounding the alarm about the effects of the environment of high interest rates, slowing economic…

Greek central bank sees NPLs increase due to extreme weather
Interviews

Greek central bank sees NPLs increase due to extreme weather

13 October 2023 Editors

The governor of the Bank of Greece (BoG), Yiannis Stournaras, expressed the view that the recent bad weather that hit…

Bank of Greece points to gap between Greece and Europe on bad debt
Global

Bank of Greece points to gap between Greece and Europe on bad debt

22 September 2023 Editors

Credit for the unprecedented reduction of NPLs, was given to Greek banks by the general director of prudential supervision and…

Attica Bank: Agreement reach with CarVal Investors on Astir I project
Featured

Attica Bank: Agreement reach with CarVal Investors on Astir I project

1 September 2023 Christos N Konstas

Attica Bank has reached a definitive agreement for the sale of the entire portfolio of the Astir I securitization, with…

Servicers are under Bank of Greece microscope
Featured

Servicers are under Bank of Greece microscope

25 July 2023 Phil Karametos

The Bank of Greece is set to soon conduct a thorough inspection of all active loan servicers. The Governor of…

More than 10 loan servicers headed for shutdown by end year
Business

More than 10 loan servicers headed for shutdown by end year

3 July 2023 Editors

  The Bank of Greece is looking into the withdrawal of operating licenses for at least 10 servicers within the…

Servicers are weighing up broadening of operations
Featured

Servicers are weighing up broadening of operations

21 June 2023 Editors

Servicers are considering entering into loan refinancing by obtaining a broader operating license in order to be able to finance…

New rules for servicers and funds from the Bank of Greece
Featured

New rules for servicers and funds from the Bank of Greece

14 June 2023 Editors

The Bank of Greece is preparing new rules of conduct and obligations for funds that buy bad loans and the…

Bank of Greece: Extension to Hercules plan possible
Featured

Bank of Greece: Extension to Hercules plan possible

14 May 2023 Editors

The Hercules plan may be extended as some securitization transactions remain pending, the Bank of Greece (BoG) pointed out in its…

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MOST READ

  • A 1 billion “bomb” for securitizations – what the Supreme Court’s decision means for calculating the interest owed by Katseli Law debtors 4 February 2026
  • Smaller banks monitored by the Bank of Greece – The prudential backstop and Bank of Chania  30 January 2026
  • The impact on servicers and banks of the Supreme Court ruling on Katselis loans  6 February 2026
  • Intrum presents revised strategy for 2026–2030 and financial targets 29 January 2026
  •  On Thursday, the decision regarding the calculation of interest on Katseli Law loans will be made 2 February 2026
  • Meeting chaired by the Prime Minister regarding the Supreme Court’s decision 9 February 2026
News Tags Comments
  • Sharp increase in loan modifications by Servicers
  • ING: Sale of “bad” loans to its subsidiary in Spain
  • Manageable losses for banks from the loans of the Katseli law
  • Servicers: Upheaval in the sector following the Supreme Court ruling on Katseli loans
  • Meeting chaired by the Prime Minister regarding the Supreme Court’s decision
  • Securitizations that ease the burden on HERCULES
  • The “crash test” of the Property Acquisition and Re-Leasing Agency
  • Resulute Cepal: Sadness for the death of Christoforos Stratou
  • The impact on servicers and banks of the Supreme Court ruling on Katselis loans 
  • Out-of-court settlements: New record in January with €773 million in settled debts
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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