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  1. Alpha, Eurobank sign agreement with KKR for management of NPLs

    EconomyBanking

    In a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected.... However, the agreement remained on paper with Piraeus noting in April 2015 that the binding exclusivity

    6%
  2. New rules on sale of NPLs come into play after approval of omnibus bill

    EconomyProgramme

    with a binding timetable on a comprehensive mechanism of effective management of private debt. In addition..., which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs

    5%
  3. First phase of process to find strategic investor for ADMIE completed

    Economy

    of the process, which includes a due diligence and the submission of binding offers by the end... will announce by October the date for submission of binding offers for the sale of all PPC shares in ADMIE

    5%
  4. Newsletter 113 - 31/03/2017

    Newsletters

    consenting to the proposed debt restructuring. Three binding offers were submitted for the acquisition... investment groups that have tabled binding bids. One the biggest stumbling blocks to have emerged

    4%
  5. Athens facing final steps in third review as next milestones identified
    Photo by Panayiotis Tzamaros

    EconomyProgramme

    , the completion of the tender for gas grid operator DESFA (the deadline for binding offers is February... with binding targets for employment, growth and fiscal discipline. If eurozone finance ministers give the green

    4%
  6. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    by Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers

    3%
  7. Privatisation revenues edge upward as end-of-year deadline looms
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    charges were not financially viable. Binding bids for the concession are due to be submitted by the end... to receive binding offers for HELPE before the end of the year. In July, the deal to transfer 49 percent

    3%
  8. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    indicates that non-binding bids must be received by December 10, and binding bids by the end of February

    3%
  9. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    -binding bids must be received by December 10, and binding bids by the end of February. The bank hopes

    3%
  10. Breaking up is hard to do
    Photo via Flickr https://flic.kr/p/AVZDxh

    Agora

    Council, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU

    3%