the insider’s guide

Servicers to get licenses with asterisks from central bank

The files of servicers are still showing significant deficiencies just ten days before the end of the three-month deadline given...

Most out-of-court debt restructurings come from Intrum

With an 89% approval rate for debt restructurings, Intrum Hellas ranks first in debt settlements made in the month of...

48 hotels to go under the hammer by end year

Dozens of hotel businesses of all categories are expected to go under the hammer in coming months, with the first...

The Characteristics of Financially Responsible People

The 2nd Newsletter, with the theme “Financial Responsibility – Deal effectively with the problems of tomorrow, today!”, has been presented...

Intrum – Cepal show profits of €132m, loans under management of €50bn

Intrum Hellas and Cepal, two of the mega servicers that manage loans totaling around 50 billion euros, closed 2023 with...

Criteria for defining vulnerable debtors broadened

The criteria for the definition of vulnerable debtors is being expanded in order to now include more citizens with disabilities...

Statistics on loans serviced by Credit Servicing Firms

Statistics on loans serviced by Credit Servicing Firms (CSFs) – Q1 2024 In the first quarter of 2024, the nominal...

Out-of-court debt settlements reach 6.3 bln euros

Initial debts that have been settled through the out-of-court mechanism by the end of May amount to 6.33 billion euros....

Claudia Buch (ECB): Battle against creation of new NPLs continues

“It’ll take a long time to completely remove the burden of non-performing loans (NPLs) from the balance sheets of households...

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...

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