Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV

Positive sentiment around banks continues to grow 21/09/2023 - 10:41
Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY 09/08/2023 - 10:48
Stress tests not proving stressful for Greek banks any longer 04/08/2023 - 11:02
NBG's NII jumps 75 pct to 1.05 bln in H1 02/08/2023 - 09:09
Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2 01/08/2023 - 10:22
Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln 01/08/2023 - 09:59

Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV

EconomyBanking 04/06/2019 - 14:22 Tags: Banking, Eurobank, NPLs, Piraeus

A major NPL deal moved closer towards realisation yesterday when Piraeus Bank announced that it had entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27 billion euro via a special purpose vehicle.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Kasselakis names core backers for key party posts amid questions over party unity 26/09/2023 - 14:30
Government paves way for major U-turn on migration as opposition warns of interference in regulators 28/09/2023 - 14:48
Government faces new storm test as Kasselakis sweeps through SYRIZA 27/09/2023 - 11:55
Kasselakis starts to open up as early polls show little impact on public opinion so far 29/09/2023 - 08:56
Greece aiming to agree updated migration deal with Turkey 02/10/2023 - 09:07

Outsider Kasselakis on track to lead SYRIZA after securing key backers 19/09/2023 - 14:02
Storm fallout sweeps PM to crucial juncture early in second term 11/09/2023 - 11:47
Storm impact and ferry death engulf political agenda 06/09/2023 - 12:09
Kasselakis completes stunning victory, taking SYRIZA into uncharted territory 25/09/2023 - 10:37
Insurgent campaign from Kasselakis puts shock SYRIZA leadership win in touching distance 18/09/2023 - 09:55

Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat 22/05/2023 - 10:54
PM forced to adjust line over deadly train crash amid public anger 06/03/2023 - 09:45
Politicians have commissioned, and largely ignored, multiple reports on wildfires 09/08/2021 - 13:13
Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies 28/03/2023 - 12:02
Tsipras pitches SYRIZA election manifesto as basis for progressive coalition 04/05/2023 - 13:28

Growth of property prices picks up pace in Q1 with 14.5 pct 19/06/2023 - 11:43

Positive sentiment around banks continues to grow 21/09/2023 - 10:41
Growth of property prices picks up pace in Q1 with 14.5 pct 19/06/2023 - 11:43

HFSF sets out bank divestment strategy, marking final chapter in turbulent story 16/01/2023 - 11:28
Lenders confident of being well-placed to overcome global banking sector turbulence 22/03/2023 - 11:55
Growth of property prices picks up pace in Q1 with 14.5 pct 19/06/2023 - 11:43
Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln 14/11/2022 - 10:27
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln 09/11/2022 - 10:18