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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingbillion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomythe 2-billion-euro portfolio: PIMCO, LoneStar, B2Kapital, Fortress in cooperation with doBank
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking, it was reported that bids had been submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policy. Otherwise, we need to proceed with the logic of Europe as a fortress. This would not be pleasant
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Banks make steady progress on improving balance sheets via securitisations
EconomyBankingwith a consortium of Fortress, Bain Capital and doValue at the end of July. Frontier does not include
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Migrant boat tragedy forces temporary halt on election campaigning
PoliticsGreek Politicsof migrants, while MeRA25 leader Yanis Varoufakis blamed the “fortress Europe” policy for the deaths
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingis preparing an 11-billion-euro securitisation code-named Galaxy, related to retail and small
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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingAlpha Bank announced that it has started the process to execute one of the largest bad loan securitisations by a Greek bank. The portfolio, code-named Galaxy, contains non-perfoming loans (NPLs) of up to 12 billion euros in value. The securitisation is the largest to date in Greece and in Europe
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Newsletter 238 -07/02/2020
is also in the works. The banks Galaxy portfolio represents a mixed portfolio, which carries a total
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingsecuritisations by a Greek bank. The portfolio, code-named Galaxy, contains non-perfoming loans (NPLs
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