As part of its Transformation Program, the National Bank of Greece SA has started the process of securitization of a portfolio of non-performing loans codenamed "Frontier II", with a total book value of 1 billion euros.
The...
By Leonidas Stergiou
As Greek banks consolidate, a sustainable increase in their profitability remains key to further enhancing their resilience. According to an IMF report, two main sources of profitability, namely net interest income and commission...
Ms. Maria Vergi, General Manager, Commercial Restructuring Solutions of Intrum, spoke at a series of opportunities given to businesses in terms of their financing, so that sustainable businesses have a next day and are competitive, speaking...
Of Eleftheria Kourtali
Given the challenges posed by price increases and the Russian invasion of Ukraine, according to DBRS, it is premature to abolish an effective tool like "Hercules" when it is scheduled to expire in October...
By Leonidas Stergiou
A long wait of more than 10 years, finally, seems to have come out, after several legislative interventions, with the most important, perhaps, the most recent one of the Ministry of Justice to improve...
By Leonidas Stergiou
"There are now tools, know-how and European resources available to enable loan managers, borrowers and businesses to come up with sustainable solutions," said Alexandra Fatsea, General Manager, Retail, SB & Agri Recovery of Intrum...