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HomeHercules Plan

Hercules Plan

New application to include of Project Solar in Hercules plan
Buzz Talk

New application to include of Project Solar in Hercules plan

7 August 2024 Editors

A new application has been submitted to the Ministry of Finance, for the inclusion of senior bond notes of the…

Request to join Hercules plan from Attica Bank, Pancreta
Highlights

Request to join Hercules plan from Attica Bank, Pancreta

23 July 2024 Editors

It is now a matter of time before Attica Bank and Pancreta Bank submit a request for the inclusion of…

Al. Exarchos: Hercules plan necessary for non-systemic banks
Interviews

Al. Exarchos: Hercules plan necessary for non-systemic banks

12 June 2023 Editors

In an interview, Alexandros Exarchos of Thrinvest, who will be the main shareholder of the Attica Bank – Pancreta Bank…

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…

After Hercules plan, “green” securitizations gain ground
Analysis

After Hercules plan, “green” securitizations gain ground

10 May 2023 Editors

After completing securitizations amounting to approximately 49 billion euros which allowed lenders to get rid of problem loans and therefore,…

National Bank, Piraeus Bank securitizations go to Hercules plan at the finishing line
Featured

National Bank, Piraeus Bank securitizations go to Hercules plan at the finishing line

12 October 2022 Editors

The inclusion of the Sunrise III and Frontier II securitizations in the Hercules plan was ensured by Piraeus Bank and…

National Bank, Piraeus Bank think twice about Hercules plan for last projects
Featured

National Bank, Piraeus Bank think twice about Hercules plan for last projects

4 October 2022 Editors

National Bank and Piraeus Bank are weighing up whether they should use the Hercules program for their last two securitizations,…

Attica Bank securitizations left out of Hercules plan
Featured

Attica Bank securitizations left out of Hercules plan

3 October 2022 Editors

The long-term saga of Attica Bank’s capital boost and balance sheet consolidation reached a positive end last week  as last…

Eurobank: Bad debt in hotel sector at 370 mln euros
Highlights

Eurobank: Bad debt in hotel sector at 370 mln euros

20 May 2020 Konstantinos Papagrigoris

The bank has applied for the guarantees from Hercules for all three Cairo titles and for the first two, the issue is expected in the coming days. The doValue deal is also expected in the coming days.

Banks and servicers are on alert as  NPEs almost tripled in March.
Highlights

Banks and servicers are on alert as NPEs almost tripled in March.

6 April 2020 Konstantinos Papagrigoris

Non-Performing Loans (NPLs) has almost tripled in March .
The situation updates the “Bad Bank” scenario.

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  • Digital Platform for Non-Performing Loans 18 August 2026
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  • The net profits of the four largest servicers reached 122 million euros in 2025
  • Swiss franc loans: New extension under consideration as more than 19,000 borrowers apply
  • Digital Platform for Non-Performing Loans
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  • Green light from the Competition Protection Commission for the KEDIPES-Eurobank deal for “red” loans of €361 million
  • Inspections by the Bank of Greece for the business plans of Servicers
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers Supreme Court
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