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HomePiraeus Bank

Piraeus Bank

Npls: Deals amounting to 2.3 billion euros at the end of the summer
Business

Npls: Deals amounting to 2.3 billion euros at the end of the summer

5 September 2023 Christos N Konstas

August turned out to be a particularly hot month for the purchase of NPLs, after deals totaling 2.3 billion euros…

Banks strike up deals with strong real estate players
Analysis

Banks strike up deals with strong real estate players

15 August 2023 user 02

Greek banks are shifting towards more active management of their properties, seeking, in collaboration with strong real estate players, to…

Piraeus Bank: NPE ratio to slip below 5% by end 2023
Featured

Piraeus Bank: NPE ratio to slip below 5% by end 2023

1 August 2023 Editors

  The lowering of its NPE ratio to below 5% for 2023 has been set as a new goal by…

Piraeus Bank sells 2 more NPE portfolios
Featured

Piraeus Bank sells 2 more NPE portfolios

20 July 2023 Editors

  Piraeus Bank is proceeding with the sale of two more NPEs portfolios, as part of its strategy to achieve…

Piraeus Bank aims for 5% NPL index by end of 2023
Highlights

Piraeus Bank aims for 5% NPL index by end of 2023

28 June 2023 Editors

  Piraeus Bank is aiming for a non-performing loans ratio of 5% for 2023, thus expecting to reach the European…

Kourkoumeli (Piraeus Bank): “The important role of servicers in the NPLs market”
Experts

Kourkoumeli (Piraeus Bank): “The important role of servicers in the NPLs market”

12 June 2023 Phil Karametos

Artemis Kourkoumeli, General Manager, Head of NPE Management & Participations of Piraeus Bank, characterized the role of the servicers, who…

Piraeus Bank: new NPEs drop for seventh straight quarter
Featured

Piraeus Bank: new NPEs drop for seventh straight quarter

8 May 2023 Editors

  The CEO of Piraeus Bank, Christos Megalou, has proceeded with a downward revision to the group’s targetted non-performing loans…

Christos Megalou roadshow in New York and Boston
Buzz Talk

Christos Megalou roadshow in New York and Boston

6 March 2023 Editors

Questions focused on the further consolidation of Piraeus Bank’s balance sheet during the meetings held over two days in New…

Piraeus Bank synthetic securitizations
Buzz Talk

Piraeus Bank synthetic securitizations

1 March 2023 Phil Karametos

  Piraeus Bank is already enjoying the benefits of synthetic securitizations in the group’s capital strengthening. The bank proceeded during…

Piraeus Bank: new business plan sees NPEs below 6%
Highlights

Piraeus Bank: new business plan sees NPEs below 6%

28 February 2023 Editors

The management of Piraeus Bank is proceeding with the drawing up of a new plan for the further reduction of…

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MOST READ

  • Agreement between doValue, National Bank, and Eurobank for the return of housing loans 26 May 2025
  • New company by Piraeus Bank and Qualco 3 June 2025
  • Crucial meeting with Pierrakakis, the Bank of Greece, and servicers for non-performing loans 28 May 2025
  • Why are the properties of the servicers not being utilized? 27 May 2025
  • Reductions in balances in the “Hercules” securitizations in Q1 2025 27 May 2025
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds 2 June 2025
News Tags Comments
  • Resolution on issue of ordinary shares
  • The objections for the same auction are being grouped together
  • Cepal Hellas: Took over the management of loan portfolios worth 4.8 billion
  • On a portal, all the state housing programs
  • New company by Piraeus Bank and Qualco
  • Minimal interest in the servicers’ platforms
  • Extrajudicial: 20% increase in arrangements after legislative improvements
  • Which servicers are interested in the 50 billion euros of non-performing loans from the insurance funds
  • BoG: New 6.8% rise in apartment prices
  • What Pierrakakis and servicers discussed: How 25,000 properties will be utilized
Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Real Estate servicers SSM
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