the insider’s guide

Piraeus Bank: New agreement with Brook Lane on property

CEO Christos Megalou wants to reduce the bank’s real estate inventory which is constantly increasing as the properties the bank...

Georgakopoulos: “Record year in 2023 for Intrum Group”

The future of the European claims management market was described by Giorgos Georgakopoulos, Intrum’s Global Head of Servicing and Intrum’s...

Submission of binding offers for PQH portfolios

The battle for the last major NPLs transaction involving PQH’s two portfolios of collateralized loans totaling €3.5 billion commenced today....

DBRS sees drop in risk costs of Greek banks

The cost of provisions taken by Greek banks has registered a sharp drop due to the overall consolidation from bad...

Interest rate cut applies to servicer loans

“The reduction in interest rates decided by the European Central Bank (ECB) will also be applied to loans managed by...

SSM pushes banks to finish up with state backed NPEs

Both the EU and the SSM are pushing banks to wind up with NPEs guaranteed by the Greek government which...

Triple distinction for Intrum at Health & Safety Awards 2024

Intrum received three awards at this year’s Health & Safety Awards, true to its values ​​and steadily investing in a...

Bank of Greece, servicer talks on new licenses continue

Negotiations between the Bank of Greece and servicers are continuing at an intensive pace in view of the new operating...

Debtors turn their backs on servicer platforms

So far, the participation of debtors in servicers’ online platforms that offer immediate and complete information about outstanding amounts, interest...

Banks push for expansion of Hercules 3

With the completion of first quarter earnings for banks, it was made clear that they still have non-performing loans of...

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