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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingmezzanine notes. It also announced further plans to dispose of Tier II securities valued at 900 million... is expected to be around 2 billion euros. The process allows potential investors to submit non-binding bids
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingwas driven by securities interest income absorbing the cost of the Tier II issuance in H2 2019... as well. All three portfolios have received binding offers. P&L Net interest income (ΝΙΙ) fell by 4
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingto facilitate SMEs and Corporates with 1 billion working capital, and in the “TEPIX II” lending... noted that a binding offer had been received for the sale of the 600 million euro portfolio code
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Banks intensify balance-sheet clean up with securitisations, new bonds
EconomyBankingin the Hercules II APS. Another 3.4 billion-eruo securitisation will follow in 2022, according... Intrum AB. Piraeus signed a binding agreement with Intrum for the sale of 30 percent
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Newsletter 279 - 05/03/2021
value of 7.2 billion euros, to be included in the Hercules II APS. Another 3.4 billion-eruo... ongoing partnership with Swedish loan servicer Intrum AB. Piraeus signed a binding agreement with Intrum
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingalso secured 1.7 billion euros of state guarantees from the Hercules II APS. In its latest quarterly... and Mexico transactions respectively. Alpha had reached a binding agreement with Davidson Kempner
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Newsletter 15 - 13/02/2015
the existing pool of state-guaranteed securities in the form of pillar II and III bonds (45–50.... While it may be fairly simple to name the agreement in another way, finding another monitoring
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Newsletter 20 - 20/03/2015
of pillar II bonds, which carry an additional cost of 1.4 percent. This relates to the fees banks pay... days. An important finding disclosed by the banks was the deposit outflow characteristics from
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Newsletter 75 - 27/05/2016
, while core pre-provision income rose 21 percent QoQ largely due to lower costs related to pillar II... the course of the Greek crisis the task of finding whose goals have been met at the Eurogroup has been
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ND braces for deeper economic impact from Covid-19, mulls more assistance
PoliticsGreek Politicsobligations to the two state guarantee schemes for loans to companies with 1.3 billion for TEPIX II and up... possibility of KINAL and Tsipras’s SYRIZA finding common ground. Some analysts expected the two parties
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