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State backed loans of 1 bln euros weigh on books
Business

State backed loans of 1 bln euros weigh on books

29 October 2024 Editors

State backed loans are proving to be a burden for lenders, contributing to the increase of NPLs as presented by…

Statistics on loans serviced by Credit Servicing Firms
News

Statistics on loans serviced by Credit Servicing Firms

18 June 2024 Editors

Statistics on loans serviced by Credit Servicing Firms (CSFs) – Q1 2024 In the first quarter of 2024, the nominal…

Interest rate cut applies to servicer loans
News

Interest rate cut applies to servicer loans

10 June 2024 Editors

“The reduction in interest rates decided by the European Central Bank (ECB) will also be applied to loans managed by…

Servicers: €1.2 billion of loans restructured in Q1
Featured

Servicers: €1.2 billion of loans restructured in Q1

20 May 2024 Editors

Debts totaling more than 90 billion euros concerning 2,271,548 debtors, of which more than 80% no longer burden Greek banks’…

Loans of 1 billion euros passed to doValue
Highlights

Loans of 1 billion euros passed to doValue

13 May 2024 Editors

NPLs, worth one billion euros, have passed to doValue, through two packages of Project Amoeba and Project Heliopolis II. Project…

Servicers: SSM blocks return of cured loans to banks
Featured

Servicers: SSM blocks return of cured loans to banks

1 April 2024 Editors

The return of re-performing loans from servicers to credit institutions will move at extremely low rates in 2024. As banking…

7.6 bln euros of mortgage loans at risk of turning sour
Global

7.6 bln euros of mortgage loans at risk of turning sour

16 January 2024 Editors

Housing loans amounting to 7.6 billion euros are one step before going red with the European Central Bank (ECB) sounding…

$6 bin of new loans for US banks since 2022
Featured

$6 bin of new loans for US banks since 2022

9 January 2024 Phil Karametos

NPLs held by the four largest US banking groups are estimated to have grown by $6 billion since the end…

Attica Bank-Pancreta Bank: Which loans will be included in “Hercules”
Business

Attica Bank-Pancreta Bank: Which loans will be included in “Hercules”

4 December 2023 Editors

Attica Bank and Pancreta Bank have started costing in non-performing loans that will be included in the Hercules III state…

Extrajudicial mechanism: Focus of servicers on debts up to 250,000 euros
Highlights

Extrajudicial mechanism: Focus of servicers on debts up to 250,000 euros

30 November 2023 Editors

Debt management companies are focusing on debtors holding loans of up to 250,000 euros who are seeking arrangements through the…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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