Eurobank Archives - Page 4 of 5

Tender for Solar project being launched

29 August 2022 Christos N Konstas

The tender for the sale of intermediate and low rating bonds of the Solar portfolio is now entering the final…

Six out of 10 Greeks declare difficulty in paying loans

26 July 2022 Editors

Almost six out of 10 Greeks declare difficulty in repaying their loan obligations, with inflation both in energy and in…

F. Karavias: The Mexico securitization is a milestone for Eurobank

22 July 2022 Editors

The CEO of the Group, F. Karavias, characterized the completion of the €3.2 billion Mexico securitization as a milestone for…

Banks move ahead with synthetic securitizations of 5.4 bln euros

10 June 2022 Editors

Synthetic securitizations, amounting to 5.4 billion euros, have been launched by banks recently, shielding their capital, both for supervisory purposes…

Pimco looks to boost presence in Greek NPE market

26 May 2020 Konstantinos Papagrigoris

Pimco, one of the world’s largest fund managers, is considering the acquisition of an additional 40 percent stake in Qualco.

What FITCH Ratings thinks of Greek Banks

19 May 2020 Editors

Fitch Ratings affirmed the Long-Term Issuer Default Ratings (IDRs) of the 4 systemic Greek banks, namely Alpha Bank (CCC+), Eurobank (CCC+), NBG…

EU moves ahead with new capital relief measures for banks

28 April 2020 Editors

EU Commission is expected to announce today another round of capital/regulatory relief for banks. The implementation of these new measures will boost Greek bank’s capital.

Green light for guarantees in Cairo project from Hercules plan

28 April 2020 Konstantinos Papagrigoris

Despite the turmoil suffered by the economy due to the pandemic, the Finance Ministry, banks, and loan servicers have been drawing on all means, including the Hercules plan, to reduce existing non-performing loans and manage the new wave of bad debt expected.

Cost rises for state guarantees in Hercules bad loan plan

13 April 2020 Konstantinos Papagrigoris

The crisis in the economy is expected to bring significant changes to the structure and operation of the Hercules plan, with the most characteristic being the increase in the cost of guarantees compared to what had been originally set.

Goldman Sachs expects that all NPE deals of Greek Banks will be pushed back to 2021.

9 April 2020 Editors

Goldman Sachs is skeptical on the progress of all deals, such as securitization projects, in the Greek Non Pefrorming Exposures (NPE) market due to coronavirus crisis.