Non-performing loans (NPLs) in the Greek market
What We Offer
When someone needs an advisor for such cases, the best solution is to be assisted by a expertised in such fields lawyer. His expertise needs to be focused mainly in financial and investment issues. Our associates and financial advisors can help you address the most efficient way to manage your assets and loans and also to identify any illegal procedure, concerning your financial portfolio.
We are future-oriented by setting strategic long-term goals; planning ahead is not just a necessity but an inherent characteristic of our corporate identity.
We strive for fairness by treating everyone with respect, not just courtesy.
Our mind-set is global thus we enjoy working seamlessly across borders.
We focus on delivering world-class legal services and advice, thus reaching for the highest standard possible means that excellence is the only threshold.
Fields wherein our legal advice could turn out to be of crucial and decisive importance are the following:
- Guaranteed protection of your assets
- Financial advisory
- Compliance with the applied legislation
- Assistance with bureaucratic procedures
- Support in litigation – if needed-
What are "Non-performing loans"
Non-performing loans constitute those loans whose borrowers have not made any payments of principal for more than 90 days. This type of loans constitutes indispensable part of the Greek financial reality throughout the last ten years, at least. The crisis, with which the domestic market was confronted, after the collapse of colossal entities in USA, was never surpassed. Until today it has caused major headaches both to people in banking and financial sectors and to all Greek governments. In this period, once again there is a lot of awareness, with regards to NPLs (non-performing loans). The idea among hesitant investors is that there are many opportunities regarding NPLs, because of the high numbers of transactions. On the other hand, Greek SMs shall be confronted with a sheer need of liquidity. This development will ultimately lead not only to old restructuring, but hopefully to growth and development.
How We Can Help
“Oikonomakis Law”, recognized by the markets, proudly possesses the expertise and experience in the area of banking transactions both domestically and abroad. The associates of the firm are aware of the market’s potentials and are able to materialize further opportunities beyond. Simultaneously, we believe that both the civilians and investors can find to us a tireless partner that favors effective solutions. We will find these proper solutions, by keeping in mind the available legal framework, and your specific needs and priorities.