Intrum Archives - Page 10 of 10

Strong interest in Intrum’s Tethys project

8 June 2022 Phil Karametos

Ten investors have passed onto the second phase of the tender that Intrum is running for the sale of debt…

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.

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.

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.