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HomeIntrum

Intrum

Analysis

Ahead of pandemic, Greek consumers in most dire position in Europe-survey

8 May 2020 Editors

Greek consumers are struggling the most in Europe with nearly two-thirds saying that they can’t keep up with rising living costs, according to an annual consumer survey put together by Intrum. Only 56% of Greek consumers are confident in their ability to pay their bills.

Featured

Piraeus Bank close to a new investor on Iris project

22 April 2020 Konstantinos Papagrigoris

After a previous attempt to sell the portfolio to the Czech Republic’s APS fell through the management of Piraeus Bank immediately started discussions with Intrum.

Finance

10% GDP contraction puts NPL secondary market to a bumpy road

14 April 2020 Editors

A prolonged recession in Greece will surge defaults and bad loans. A negative impact is also expected on the secondary NPL market. European Commission and the IMF forecast a 10% contraction this year.
Greek banks still carry most of NPLs in their balance sheet.

Highlights

Intrum expects a delay on cash flow in Italy

11 March 2020 Christos Ziotis

Intrum, the  Swedish debt collector, announced yesterday  that anticipates  delay on cash flow in Italy. In light of the Italian…

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Alpha Bank Bad Bank Bain Capital Bank of Greece Cairo Christos Staikouras doValue ECB Eurobank Fortress Galaxy HERCULES National Bank NPLs Phoenix Pimco Piraeus Bank SSM Staikouras VEGA
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