The race to reduce Greece's bad loans
NBG makes profit of 20 mln in Q1, NPE stock falls again
Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
Eurobank net profits at 34.5 mln in Q1
Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
Banks focus on defining challenge of reducing NPEs
National Bank follows other Greek lenders' by opting for capital increase
As had been rumoured, National Bank of Greece’s board (NBG) decided on April 16 to call an Extraordinary General Meeting for May 10 to approve a capital increase of up to 2.5 billion euros.
NBG was the only Greek bank initially stressing on March 6 – the day Bank of Greece (BoG) disclosed Greek banks’ capital needs - that its capital plan “will address the capital needs without raising new equity capital”.
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.