the insider’s guide

Quant bids for Attica Bank, Cooperative Banks NPLs

Quant is aiming to become a strategic partner of non-systemic banks as it launches a series of agreements in order...

Oaktree adapts its strategy as default rate recedes.

Debt default rates are currently 1 percent a year compared with historical levels of 5 per cent. ...

Cerberus is the frontrunner for Alpha Bank’ s €2.2bn Cypriot NPEs portfolio

By the 24 December deadline, Cerberus allegedly tabled bids for both, Apollo and a Bain-Fortress consortium only for the first...

Piraeus Bank – Intrum Hellas to sell Rio, Alexandroupolis and Corfu casino loans

Piraeus Bank and Intrum Hellas, who manage the loans of the Rio, Alexandroupolis, and Corfu loans, are looking for a...

Technical Olympic in strategic partnership with Mount Street in NPL market

The Joint Venture, which is focused on Greece and Cyprus, has onboarded €33 million of real estate-backed non-performing loans (‘NPL’)...

Recoveries fall more than 20 pct short of targets due to auction freeze

  Recoveries of non-performing loan portfolios managed by management companies are more than 20% off-targets due to the freezing of ...

Two thirds of property auctions from funds

Funds are holding 70.7% of auctions that will take place in 2022. These are over 9,900 auctions that have been...

JPMorgan Chase agreed to take a 49% stake in Viva Wallet 

JPMorgan Chase & Co. agreed to take a 49% stake in the Greek payments firm Viva Wallet.  The deal is ...

Synthetic securitizations reach 5.4 billion and growing

At a time when the sale of NPL packages through securitizations is gradually being completed, banks are turning to synthetic ...

NPL recovery rate rises to pre-Covid levels

Out of the 30,000 applications submitted to debt settlement platform only 800 have completed the process to settle with creditors. ...

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