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HomePiraeus Bank

Piraeus Bank

Piraeus Bank sells Project Monza for €350 million
Business

Piraeus Bank sells Project Monza for €350 million

25 September 2024 Editors

Piraeus Bank has completed the sale of non-performing loans exposures with a gross book value of approximately €0.35 billion to…

Piraeus Bank NPEs at 1.3 billion
Featured

Piraeus Bank NPEs at 1.3 billion

1 August 2024 Editors

The bank’s non-performing exposures ratio fell to 3.3% compared to 3.5% in the first quarter of 2024 and 5.5% a…

Piraeus bank extends reward program for consistent mortgage holders
Finance

Piraeus bank extends reward program for consistent mortgage holders

29 July 2024 Editors

Piraeus bank, responding responsibly to the issue of family budgets impacted by high interest rates, continues to support consistent borrowers…

Piraeus Bank, Dimand strike up strategic partnership on real estate
Experts

Piraeus Bank, Dimand strike up strategic partnership on real estate

26 June 2024 Editors

Piraeus Bank and Dimand have announced a strategic partnership for the development of urban spaces in Athens and the region.…

Piraeus Bank: New agreement with Brook Lane on property
Featured

Piraeus Bank: New agreement with Brook Lane on property

11 June 2024 Editors

CEO Christos Megalou wants to reduce the bank’s real estate inventory which is constantly increasing as the properties the bank…

Megalou: Task of the future is the repurchase of green loans
Featured

Megalou: Task of the future is the repurchase of green loans

2 May 2024 Editors

The CEO of Piraeus Bank has characterized the falling cost of risk as being the most important achievement of the…

Piraeus Bank’s plan to reduce NPEs
Featured

Piraeus Bank’s plan to reduce NPEs

16 February 2024 Editors

At the end of 2023, Piraeus Bank recorded a sharp decrease in the NPEs index which reached 3.5%, below the…

Piraeus Bank: Why property prices are increasing by 14%
Highlights

Piraeus Bank: Why property prices are increasing by 14%

1 February 2024 Editors

Piraeus Bank has identified deep and structural imbalances between supply and demand in the Greek real estate market in a…

Piraeus Bank’s NPLs at two billion euros
News

Piraeus Bank’s NPLs at two billion euros

6 November 2023 Editors

The bank’s NPLs were maintained at two billion euros at the end of September (1.6 billion euros in business, 300…

Strong investment interest in leasing loans in the red
Business

Strong investment interest in leasing loans in the red

8 September 2023 Christos N Konstas

Banks are proceeding with the sale of portfolios with receivables from financial leases (leasing), taking advantage of the strong investment…

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  • 10,000 out-of-court settlements in 6 months
  • Doubling of Servicer Adjustments
  • Greek VS European banks: What the data on non-performing loans show
  • Bank of Cyprus: Real estate sales of €211 million
  • Alpha Bank: Proceeds with securitization of €1.2 billion in receivables
  • The map of arrangements for the four major Servicers
  • Over half a billion in debts were restructured by the Servicers in July
  • Eurobank: Renames Solar to Sun and seeks investors
  • Banks: 100 million additional provisions
  • Out-of-court mechanism: Record 82.1% of applications approved – €4.26 billion in debts have been “written off”
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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