the insider’s guide

New NPLs seen at 500 million euros in 2024

Greek banks managed to close in 2023 with fresh NPLs of less than 1 billion euros in a year of...

Next step for Real Estate Agency set for January

At the beginning of January, the call for interest for the establishment of the Real Estate Acquisition and Re-leasing Agency...

National Bank on verge of including Frontier II in Hercules plan

National Bank will submit a request to the Ministry of National Economy & Finance to include the Frontier II securitization,...

Commercial property indices – 2023 H1

In 2023 H1, the rate of change for prime office prices for the entire country stood at 2.8% and for...

NPLs: €15bn of new business in 2024

Their continues to be activity in the domestic NPLs market, with new transactions – both primary and secondary – for...

Bank of Greece governor: “Without the servicers, NPLs would not have left banks”

The governor of the Bank of Greece (BoG), Yannis Stournaras, referred to the role played by the servicers in the...

Chief Financial Officer Michael Ladurner to leave Intrum

Intrum AB has come to an agreement with Michael Ladurner, Chief Financial Officer (CFO), regarding his departure from the company....

Loan refinancing: What servicers will do

Servicers are weighing the new option given by the law for loan refinancing, with some intending to take advantage of...

Statistics on loans serviced by Credit Servicing Firms

The nominal value of serviced loans increased to €71,186 million at the end of the third quarter of 2023 from...

Cyprus NPLs dip 95 million euros

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased...

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