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Homeextrajudicial mechanism

extrajudicial mechanism

Banks and servicers support the extrajudicial mechanism
Featured

Banks and servicers support the extrajudicial mechanism

8 March 2023 Editors

In recent days, debt management companies, banks and the Special Secretariat for Private Debt Management have been in close cooperation…

Haircuts of more than 30% for out-of-court settlements
Featured

Haircuts of more than 30% for out-of-court settlements

8 February 2023 Editors

Banks and Finance Ministry officials are trying to strengthen interest in the out of court mechanism by offering debt haircuts…

Vote of confidence from Prime Minister on the extrajudicial mechanism
Editorial

Vote of confidence from Prime Minister on the extrajudicial mechanism

24 January 2023 Editors

Prime Minister Kyriakos Mitsotakis gave a vote of confidence in the extrajudicial debt settlement mechanism yesterday. During a press conference…

How servicers, banks have performed on restructurings via extrajudicial mechanism
Analysis

How servicers, banks have performed on restructurings via extrajudicial mechanism

21 October 2022 Editors

Finance Minister Christos Staikouras presented in parliament detailed data on the performance of financial institutions on regulating NPLs through the…

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