loan management

Kedipes Achieves Strong Financial Performance in Q1 2024

In Q1 2024, Kedipes achieved strong financial results with robust cash inflows of €144 million and repaid €140 million to the state, bringing the total state aid repayment to €1.3 billion. The company plans to repay an additional €60 million by June, showing a 35% increase in cash inflows compared to the same period last year.

housing finance corporation loan management

Housing Finance Corporation: New Horizons in Loan Management

By Demis Papadopoulos

The Housing Finance Corporation (HFC) has been granted the power to purchase performing loans and sell nonperforming loans, enabling it to actively manage its loan portfolio. With 44 percent of its total loans classified as nonperforming, this new law allows the HFC to tackle the challenge of NPLs and strengthen its financial foundation.