
Debt management companies (servicers) have so far arranged bad loans amounting to 15.2 billion euros since 2022, while the total debts they manage amount to €90 billion.
These are the dues of 2,271,548 borrowers, of which 80% are loans that have been sold to funds, while the rest concerns loans that still belong to the banks.
In the year to end-March total loan arrangements reached €1.2 billion: Of this, the bilateral arrangements and settlements through the Katseli Law reached €1.1 billion, and the other €100 million was arranged via the out-of-court mechanism, where 65,790 applications have been submitted, amounting to debts of €32.1 billion.