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Homeservicers

servicers

Cabinet to assess draft bill for servicers, extrajudicial Wednesday
Featured

Cabinet to assess draft bill for servicers, extrajudicial Wednesday

9 October 2023 Editors

The draft law for servicers is scheduled Wednesday to be presented to cabinet, in a proposal which includes critical provisions…

Final touches on draft bill for servicers and extrajudicial mechanism
Experts

Final touches on draft bill for servicers and extrajudicial mechanism

4 October 2023 Editors

  It seems that it is only a matter of time before the cabinet presents the draft law for servicers,…

Over 71 billion euros of loans managed by servicers
Featured

Over 71 billion euros of loans managed by servicers

19 September 2023 Editors

  The nominal value of serviced loans increased to €71.164 million at the end of the second quarter of 2023 from…

Servicers’ openings in affected areasat 2.5-3 billion euros
Analysis

Servicers’ openings in affected areasat 2.5-3 billion euros

14 September 2023 Editors

The management companies estimate their exposures in the areas affected by the floods at up to 3 billion euros. As…

Two-month suspension of auctions by servicers for those hit by natural disasters
Experts

Two-month suspension of auctions by servicers for those hit by natural disasters

13 September 2023 Editors

Relief measures for those affected by the Daniel disaster were announced by the Association of Loan and Credit Claims Management…

Extrajudicial mechanism: 1 in 4 debtors reject proposals
Featured

Extrajudicial mechanism: 1 in 4 debtors reject proposals

15 August 2023 user 02

The rate of restructuring proposals rejected by debtors, within the framework of the out-of-court private debt restructuring mechanism, remains at…

Servicers: Loan arrangements hit 3.6 bln euros in H1
Featured

Servicers: Loan arrangements hit 3.6 bln euros in H1

28 July 2023 Editors

  In the first half of the year, Loan Management Companies (servicers) proceeded with loan restructurings that exceeded 3.6 billion…

What information servicers are obliged to disclose to borrowers
Editorial

What information servicers are obliged to disclose to borrowers

28 July 2023 Editors

The information recommended to be included in national registers – lists, with the aim of improving transparency for credit buyers…

Servicers are under Bank of Greece microscope
Featured

Servicers are under Bank of Greece microscope

25 July 2023 Phil Karametos

The Bank of Greece is set to soon conduct a thorough inspection of all active loan servicers. The Governor of…

The new code of conduct for servicers
Experts

The new code of conduct for servicers

13 July 2023 Editors

Improvements to the extrajudicial mechanism, the new code of ethics, as well as alternative proposals for the operation of 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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