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  1. Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
    Photo by MacroPolis

    EconomyBanking

    is expected to be around 2 billion euros. The process allows potential investors to submit non-binding bids

    1%
  2. ND under attack from all sides over handling of football wrangle
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    , Xanthi. It issued a non-binding opinion, which would have to be rubber stamped by judicial

    1%
  3. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    and protective measures. While the guidance issued was non-binding, it sets the baseline for member-states

    1%
  4. Newsletter 250 -11/05/2020

    Newsletters

    of the coronavirus pandemic. While the guidance issued was non-binding, it sets the baseline

    1%
  5. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    noted that a binding offer had been received for the sale of the 600 million euro portfolio code

    1%
  6. EU migration pact meets with lukewarm reception in Athens
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    are not binding enough to bring relief to countries of first reception. There are, however, elements

    1%
  7. Banks end year with continued bad loan sales

    EconomyBanking

    At 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

    1%
  8. Greece and Turkey go into new round of exploratory talks with trust at a premium
    www.mfa.gr

    PoliticsForeign Policy

    , and these talks are not binding for either side. He also said that there are no common records of these meetings

    1%
  9. Banks intensify balance-sheet clean up with securitisations, new bonds
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank and Alpha Bank are both moving forward with actions this week to continue strengthening their balance sheets, with the former extending its ongoing partnership with Swedish loan servicer Intrum AB. Piraeus signed a binding agreement with Intrum for the sale of 30 percent

    1%
  10. Loans under credit servicing firms jumps by 19 pct QoQ to 38.9 bln
    Photo by MacroPolis

    EconomyBanking

    a binding agreement between Piraeus Bank and Intrum concerning the 1.92 billion-euro Phoenix portfolio.

    1%