Economy · Greece

IMF: Burden of Non-Performing Loans Shifted to Servicers

1 sourceFirst reported 1 month agoUpdated 1 month ago

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The IMF highlights a significant change in the management of non-performing loans in Greece.
From June 2019 to September 2025, non-performing loans dropped from 43.5% to 3.3%.
The risk related to these loans has transferred from banks to debt management companies (servicers).
Servicers now manage a portfolio of €92.9 billion, affecting approximately 2.4 million borrowers.
Challenges remain, with low success rates in forced sales and auctions.

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AI summary: catch up in 20 seconds

The IMF highlights a significant change in the management of non-performing loans in Greece.
From June 2019 to September 2025, non-performing loans dropped from 43.5% to 3.3%.
The risk related to these loans has transferred from banks to debt management companies (servicers).
Servicers now manage a portfolio of €92.9 billion, affecting approximately 2.4 million borrowers.
Challenges remain, with low success rates in forced sales and auctions.

Generated by AI from the 1 sources below · always verify with the originals