Apollo Global Management

Sodia Capital Management, the property market arm of Apollo Global Management, is looking forward to the modernization of the instrument for online auctions in a way that will turn it into another channel for property transactions.

Over 20,000 properties of all types are expected to come on the market in the coming years, either through direct sales or auctions, with an obvious impact on prices.

Alpha Bank is awaiting binding offers from three short-listed investors for the concession of its nonperforming corporate loan portfolio dubbed "Neptune," testing investor interest in the largest portfolio of secured corporate loans put up for sale by a Greek lender to date.

Greek international investor Stelios Zavvos entertained several noted economists, investors and others in a dinner he hosts annually in New York City.

More than 75 hotel properties are currently for sale at popular tourist destinations around Greece, but property market professionals say they are proving rather difficult to shift due to the sellers' increased demands, which are discouraging potential buyers.

Alpha Bank turned profitable in July-to-September on stronger trading gains compared to the second quarter, and lower credit-loss provisions, Greece's fourth-largest lender by assets said on Thursday.

Greece's fourth-largest lender Alpha Bank said on Thursday it clinched a deal to sell 1.0 bln euros of Greek small business non-performing loans with a consortium of funds managed by Apollo Global Management and the IFC.

SOFIA (Reuters) - French bank Societe Generale (SOGN.PA) is in final talks to sell its Bulgarian unit to Hungary's OTP Bank OTPB.BU and is likely to announce the deal this month, two sources familiar with the process said.

This is according to EU Scoop, a small independent English language Bulgarian website, who citied anther Bulgarian website, capital.bg.

According to the report, like Telenor, the bank will be "another big name that has pulled out of Bulgaria and the rest of Central and Eastern Europe."

The French Societe Generale Banking Group is withdrawing from all countries in Central and Eastern Europe and is also selling its business in Bulgaria - Societe Generale Expressbank, Capital reported.