Alpha Bank picks up push to reduce NPEs

The group has decided to expand the Cosmos securitization, which now includes domestic loans with a gross book value of...

Piraeus Bank targets NPE drop to 3.6 bln euros by start of 2022

The completion of 80% of the Sunrise plan in less than 6 months, was announced by the bank's management to...

Nexi buys 51% of Alpha Bank’s payment business for 157 million euros

The Italian payment firm Nexi signed a memorandum of understanding to buy a 51% stake of Alpha Bank’s retailers payment...

Intrum Hellas brings 1 bln euros of loans up-to-date in 2020 

Loans amounting to 1 billion euros were taken out of the problem basket by Intrum Hellas, with company paying back...

Alpha Bank launches Skyline project

Alpha Bank will pursue a joint venture with an international strategic partner in the Greek real estate market.

Loan servicers weigh up reduction to operating costs, staff levels

Banks may clean up their balance sheets with securitizations, but the problem of debt recovery is now being transferred to...

J.P.Morgan sees single digit NPEs for Greek bank early 2022

NPE ratios for Greek Banks are set to converge with European levels by early next year, according to J.P Morgan....

Eurobank CEO: Mexico project to be completed in Q4

NPEs fell from 29.2% in 2019 to 14%, the lowest among Greece’s systemic banks. The coverage of NPEs with provisions...

• Loan servicers help fire victims, call off enforcement for 6 months

• Greece gets EUR4bn in EU pandemic recovery fund

• Fitch ΝPLs in Greece could fall below 10% by end-2022

• Piraeus Bank applies for inclusion of “Sunrise II” in “Hercules II”

• Standard & Poors, Greek banks showed reasonable resilience

Ethos Media S.A. - Lysikratous 64, 17674 Kallithea, 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