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Servicers: The platform of the new out-of-court mechanism is opening
Editorial

Servicers: The platform of the new out-of-court mechanism is opening

28 April 2025 Editors

There is certainty among the Servicers that the new extrajudicial mechanism, which came into effect on April 14, will immediately…

Servicers: Additional features for borrowers on e-platforms
Featured

Servicers: Additional features for borrowers on e-platforms

9 April 2024 Editors

Management companies are preparing the next step in the operation of digital platforms adopted  April 1, with a view to…

Fin Min: platform is part of government strategy for dealing with NPLs
News

Fin Min: platform is part of government strategy for dealing with NPLs

2 April 2024 Editors

From Monday, April 1, the obligation of credit managers to put into operation the special digital information platform for borrowers…

32% of bank and fund debt restructuring proposals rejected
Featured

32% of bank and fund debt restructuring proposals rejected

27 July 2023 Editors

Problems continue to hamper the effective adoption of the out-of-court mechanism, as according to updated June data, one in three…

Applications pour in for subsidy to offset interest rate hikes
Highlights

Applications pour in for subsidy to offset interest rate hikes

3 February 2023 Editors

The launch of the platform operated by banks to subsidize housing or even small business loans, backed by the primary…

Debt settlements: limited interest for out-of-court mechanism
Featured

Debt settlements: limited interest for out-of-court mechanism

11 July 2022 Phil Karametos

The road to final settlement through the process of the out-of-court mechanism is pending for 5,600 private and business loans…

Previous out-of-court mechanism abolished – haircut on new platform at 30%
Featured

Previous out-of-court mechanism abolished – haircut on new platform at 30%

16 June 2022 Editors

The decision to abolish the previous out-of-court mechanism, in which thousands of debt settlement cases are still stagnant, preventing auctions…

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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 Real Estate servicers SSM
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