Search
-
Eurobank’s NPL sales take major step with two transactions
EconomyBankingEurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing residential mortgage loans. The portfolio carries a gross book value of 2 billion euros and has been code
2% -
Banks enter final quarter with high hopes for bad loan reduction while challenges remain
EconomyBankingby the bank. Binding offers for the portfolio are expected before December 16. Alpha Bank also reported last
2% -
Airport privatisation set for take-off as more sales head for runway
EconomyFeatureswould be considered before moving to the second stage, which involves the consideration of binding
2% -
Eurobank first to tackle NPL reduction via APS
EconomyBankingand the Cairo securitisation mezzanine note following Eurobank’s call for binding offers from
2% -
Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingis expected to be around 2 billion euros. The process allows potential investors to submit non-binding bids
2% -
European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsand protective measures. While the guidance issued was non-binding, it sets the baseline for member-states
2% -
Newsletter 250 -11/05/2020
of the coronavirus pandemic. While the guidance issued was non-binding, it sets the baseline
2% -
Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingfor the second quarter of the year as well. All three portfolios have received binding offers
2% -
EU migration pact meets with lukewarm reception in Athens
PoliticsGreek Politicsare not binding enough to bring relief to countries of first reception. There are, however, elements
2% -
Banks end year with continued bad loan sales
EconomyBankingAt the end of a challenging year for the banking sector, Greece’s systemic banks have continued their activity to reduce bad loans with a few days of 2020 left. Piraeus Bank announced at the end of December that the bank and Intrum had signed a binding agreement for the sale of 30 percent
2%