the insider’s guide

Stournaras-Zavvos battle it out over bad bank

What is hidden behind the battle between Bank of Greece (BoG) Governor Yiannis Stournaras and Deputy Finance Minister Giorgos Zavvos over the set up of a bad bank to handle non-performing loans (NPLs). What is going on behind the scenes.

National Bank of Greece hires Morgan Stanley for Frontier project

On what terms has Greece's National Bank (NBG) hired Morgan Stanley as an adviser ahead of a planned sale of more than 6.0 billion euros ($6.73 billion) of non-performing loans?

Intrum: 56% of Greeks fear late payments will have a high impact on liquidity squeeze

Intrum published a white paper that confirms the negative financial impact of the Covid-19 crisis on the business outlook, the effects on the payment landscape, and financial behavior. The survey was conducted among financial executives and business leaders in 9,980 companies across 29 European countries..

Non-binding offers submitted on Alpha Bank’s Galaxy project

Who submitted offers to Alpha Bank for the Galaxy project. Why bank executives appeared very pleased with the number and quality of offers?

Discounts on NPLs sold by banks rises by some 10% from 2018 

What are the new-steeper discounts on bad loan deals? Aggregate consideration in current transactions is almost 10% lower compared with 2018.

Alpha Bank sells Neptune to Fortress for 264 million euro

The Bank has entered a binding agreement with Poseidon Financial Investor. The transitional servicing of the Neptune Portfolio will be undertaken by “Cepal Hellas Financial Services.

Marios Kyriakou: who is stalling the rescue of Varangis

How is Kyriakou trying to save Varangis from bankruptcy. How do creditor banks see these moves?

Bank of Greece to appoint three advisors on bad bank in the week

Yiannis Stournaras, Bank of Greece Governor, has already sent a draft of the bad bank plan to the Ministry of Finance. Also, he will run three tenders to hire advisors for different aspects of the plan.

XTRC Research: NPLs pose biggest threat to shipping finance 

What does extensive data from XTRC Research show on the consequences of recent crisis to banks? What do bankers fear the most?

Arab buyer snaps up Tziveli palace in Dionysiou Areopagitou St   

Who is behind the acquisition of the Tziveli property on Dionysiou Areopagitou street and how much did it go for?

Ethos Media S.A. - 29, Thessalias str. 17456, Alimos, Athens, Greece
nplconfidential.com - nplconfidential@ethosmedia.eu

We sent out this message to all existing customers.
If you want more information about our privacy policy, please visit terms page.

If you no longer wish to receive these emails, simply click on the following link Unsubscribe.

©2020 Ethos Media S.A. All rights reserved