Banking

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Photo via Flickr https://flic.kr/p/4hVnhM Covid-19 presents new, significant challenge in banks' effort to reduce NPLs

The Greek banking system entered the new year with positive momentum for tackling the stock of non-performing exposures (NPE) after the Hercules asset protection scheme (APS) was launched, but the four weeks since the outbreak of the virus in Greece have brought the economy to a standstill and raised concerns about a new generation of bad loans.

Photo by MacroPolis Banks gear up for 2020 stress tests as evaluation begins

The European Central Bank (ECB) announced last Friday the beginning of the stress test process for 2020, an EU-wide exercise that will be led by the European Banking Authority (EBA) and will examine 35 significant euro area banks, which are directly supervised by the ECB and cover 70 percent of banking sector assets in the eurozone.

Results 1 to 10 out of 219.