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  1. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    Deniz II gas field in the Caspian Sea. TAP is a 4.5-billion-euro international joint venture between... through the introduction of binding targets. A first phase budgeted at 322.7 million euros is due

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  2. Piraeus eyes major NPE deal as banks remain focused on bad loans
    Photo by MacroPolis

    EconomyMacroeconomy

    of the 500 million euros Tier II issue that the bank has planned to raise capital as part of its... the two contenders, submitted non-binding bids which are being evaluated by Piraeus Bank. The preferred

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  3. Newsletter 189 -11/01/2018

    Newsletters

    to cover nearly all of the 500 million euros Tier II issue that the bank has planned to raise capital... consortium, allegedly the two contenders, submitted non-binding bids which are being evaluated

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

    EconomyBanking

    mezzanine 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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  5. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    was 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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  6. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    to 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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  7. Banks intensify balance-sheet clean up with securitisations, new bonds
    Photo by MacroPolis

    EconomyBanking

    in 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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  8. Newsletter 279 - 05/03/2021

    Newsletters

    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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  9. Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

    EconomyBanking

    also 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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  10. Newsletter 15 - 13/02/2015

    Newsletters

    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

    19%