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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingin Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids... FPS fully. In late July, Alpha Bank launched the first round of bidding for its project Orion
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBanking’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent... in the coming months represent a mix of new auctions and re-auctions from postponed bidding due to the virus
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Piraeus port privatisation moves a step closer
EconomyBankingThe deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingindicates that non-binding bids must be received by December 10, and binding bids by the end of February
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes
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Newsletter 193 -08/02/2018
received one binding offer for the Melitis unit in Florina from Mytilineos which was reporte five times... in a binding offer for either unit after deciding that the structure of the deal and the share purchase
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesfor the submission of binding offers for the 35-year concession is 21 February 2020. This date... to the project. The original binding offer deadline was in February 2019 before it was extended
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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingAlpha Bank announced on Wednesday that it had entered into a binding agreement for the disposal of a mixed pool of NPEs to Greek SMEs secured by real estate assets, code named Neptune. In a statement released by the bank, they said that they had received a binding offer from Poseidon Financial
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingnon-binding offers for the Galaxy securitisation. Binding offers are expected to be submitted
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