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NPLs

DBRS: Comparison of Greek and Cypriot models for reduction of NPLs
Analysis

DBRS: Comparison of Greek and Cypriot models for reduction of NPLs

15 June 2023 Editors

The different path followed by Greece and Cyprus, in order to reduce their bad loans from 40% to levels lower…

What does the new European Directive foresee for servicers, funds and banks
Featured

What does the new European Directive foresee for servicers, funds and banks

15 June 2023 Editors

  New rules of conduct and obligations for funds that buy bad loans and the companies that manage them will…

Bank of Greece checks over debt management companies – sources
Featured

Bank of Greece checks over debt management companies – sources

20 February 2023 Editors

The Bank of Greece (BoG) has started on-site inspections of debt management companies, in order to establish the way in…

Olympus Bank: The NPLs, the agreement with Quant and the “lock”
News

Olympus Bank: The NPLs, the agreement with Quant and the “lock”

9 February 2023 Editors

The Bank of Greece (BoG) has proceeded with the revocation of the operating license of Olympus Bank, placing it under…

S&P sees growth for Greek re-performing loan (RPL) market
Analysis

S&P sees growth for Greek re-performing loan (RPL) market

23 January 2023 Editors

The market for restructured bad debt in Greece is gaining ground as emphasized by S&P rating agency which estimates that…

Enria: Stage II loans at 10%, slight uptick in NPLs
Finance

Enria: Stage II loans at 10%, slight uptick in NPLs

23 January 2023 Editors

The head of the SSM, Andrea Enria, has expressed concern about the small increase in loans on the verge of…

Thrivest interest in Attica Bank rekindled
Featured

Thrivest interest in Attica Bank rekindled

18 January 2023 Editors

Attica Bank’s plan B that involves proceeding with recovery procedures with a new investor is said to be moving ahead…

Under adverse scenario, AXIA sees new NPLs of less than 2 bln euros
Featured

Under adverse scenario, AXIA sees new NPLs of less than 2 bln euros

12 January 2023 Editors

AXIA expects a low rate of new NPLs, even in the most unfavorable scenario for 2023, as it focused on…

Cyprus: Non-performing loans decreased by €32 million to €2.69 billion
Global

Cyprus: Non-performing loans decreased by €32 million to €2.69 billion

10 January 2023 Editors

Non-performing loans (NPLs) at the end of October 2022 amounted to €2.69 billion, showing a decrease of €32 million compared…

The five challenges faced by banks
Editorial

The five challenges faced by banks

22 December 2022 Editors

The domestic financial system continues to face five challenges, despite the fact that in the first nine months of 2022…

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