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Banks to sell 2 bln euros of bad debt
Finance

Banks to sell 2 bln euros of bad debt

21 November 2023 Editors

Banks are putting a ‘for sale’ sign on bad debts amounting to 2 billion euros in an effort to further…

Servicers seek two changes in new Fin Min bill
Experts

Servicers seek two changes in new Fin Min bill

13 November 2023 Editors

Servicers are asking for two changes to the draft law put to public consultation by the Ministry of Finance with…

Debt managers invest in customer service
News

Debt managers invest in customer service

15 May 2023 Editors

  Loan servicers will move ahead with significant investments in technology and infrastructure in order to improve customer service levels,…

Half of borrowers struggle with restructured debt from out of court process
Featured

Half of borrowers struggle with restructured debt from out of court process

17 January 2023 Editors

Concerns among bank and loan servicer officials are rising as one in two debtors who restructured debt via the out…

Hercules guarantees seen being added to debt
Featured

Hercules guarantees seen being added to debt

18 November 2022 Phil Karametos

It is now considered a given by high-ranking executives from both banks and the management companies that a significant part…

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