the insider’s guide

Intrum AB closes deal with Cerberus on sale of assets

Intrum Group has announced the completion of the sale of assets to Cerberus, with net proceeds of SEK 7.2 billion...

Which servicers got a new license, which ones suspended operations

The Bank of Greece (BoG) has proceeded with the renewal of the license of 10 management companies, while five representatives...

Management changes at CEPAL

Important management changes are imminent at CEPAL with Nikolas Chrysanthopoulos taking over the position of non-executive chairman. Chrysanthopoulos is a...

The highlights behind the election of new board at Cepal

Cepal has proceeded with the election of a new board of directors, with sources focusing on the main points behind...

Relicensing of doValue, Intrum a matter of time

Bank of Greece (BoG) is expected to give the green light, possibly within the week, to doValue and Intrum for...

Relicensing of Quant by the Bank of Greece

Quant has succeeded in being relicensed by the Bank of Greece (BoG). According to a relevant announcement, the re-licensing was...

SSM tells banks to sell real estate

The Single Supervisory Mechanism is exerting pressure on Greek banks to reduce the high stock of properties they own. These...

Alpha Bank’s Project Gaia goes to Hercules III

The inclusion of the Gaia project in Hercules III was decided by Alpha Bank after the recent announcement by the...

New NPL deals reaching 10 bln euros in the making

Funds investing in bad debt and loan servicers are taking battle positions for what appears to be the last large-scale...

Full speed ahead for NPE ratio of below 3%

The final round of bank balance sheet consolidations is just around the corner as the activation of the third cycle...

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