the insider’s guide

Binding offers for state real estate body coming

In about a month, the four investors who remained in the race for the state Agency for the Acquisition and...

Servicers, banks set up mortgage broker companies 

Many market players are seeking an opening in the mortgage market that has been struggling lately to grow, using as...

Application to boost guarantees in Hercules III to be sent September

Τhe Ministry of Finance is expected to submit in September, when the offices of DG Comp reopen,  the request for...

Attica Bank: why Hercules program was preferred to NPL sale

The reasons why the management of Attica Bank chose the path of increasing its share capital to consolidate its balance...

Licenses from central bank for Mount Street, Copernicus Servicing and EYPRAXIS FSI

The Bank of Greece is finalising the details of three more applications from debt management companies (servicers) concerning their operating...

Johan Åkerblom takes on Intrum CFO role

Intrum has announced that Johan Åkerblom will assume the role of CFO as of September becoming a new member of...

“Risky” loans flood Europe

So far, the efforts of the ECB to limit investment banks from issuing ‘risky’ loans has been without effect. According...

Intrum reaches required level of support to implement recapitalisation transaction

Intrum has received confirmation from its Information Agent that noteholders holding more than 66.7% of Intrum’s senior unsecured notes and...

Optima Bank’s NPL goal

Indicators on bad debt remain at low levels of Optima Bank’s loans with the lender maintaining annual goals. In more...

Last few servicers to renew license

It appears to be a matter of time before the last servicers are relicensed by the Bank of Greece (BoG)....

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