Haircut 3.85 billion euros in debts To the State, Banks and Management Companies has so far been made by the platform of out -of -court mechanism.
The out -of -court mechanism that has opened its gait, especially after the latest improvements with the doubling of income and property criteria that now allow middle class debtors to settle their debts with favorable arrangements, is the strongest tool for protecting citizens and protection of citizens.
According to the out -of -court progress report, the average haircut given to the State is 15%, in the debt arrangements through the online platform, while for debts to funding entities (banks and services) at 30%. However, 48.8% of funding arrangements (on the basis of debt) has been given a haircut of more than 30%. The largest average haircut is taken on consumer loans (35.20%), followed by business loans (30.58%), while in mortgages the average haircut is 13%. In the debts to the State, figures show that 17.9% of the arrangements include a haircut of 30% to 50% and 14.6% over 50%. 49.47% of the debts are regulated without deletion. In terms of debt arrangements to financial institutions, 32.18% of the arrangements receive a haircut greater than 50%, 16.58% between 30% and 50%, while 31.21% of the arrangements are resolved.
It is noted that the average repayment duration for debts to the State is 16 years and for debts to funding for 17 years. By type of debt, arrangements have a 26 -year repayment time for mortgages, 19 years for business and 14 for consumer loans. For debt to the State, 86.12% of regulations have a repayment duration of 15 – 20 years. Debts for Financial Institutions have a repayment duration of 30 – 35 years for 31.37% of cases, for 15-20 for 21.80% of cases, 25 – 30 years for 18.68% of cases, 20 – 25 years for 13.57% of cases, 5 – 15 years for 9.60% of cases, while 4.98% of the regulations have up to 5 – 15 years. years.
The approval of debtors’ applications by the financial institutions is high and is averaged 74%. The May 10 creditors with the highest number of applications shows that Intrum, Qquant and Dovalue approve most of the debtors’ applications for regulation, with the corresponding validity rates amounting to 93%, 93% and 87% respectively. Following are: Veraltis (85%), Cepal (80%), Eurobank (78%), Piraeus Bank (76%), Alpha Bank (58%), National Bank (45%) and Agricultural Bank, which is under special clearance in PQH (41%).