Piraeus eyes major NPE deal as banks remain focused on bad loans
Alpha Bank and Eurobank start new year with further bad loan sales
Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
NBG net profits decline to 8 mln in Q3, NPLs continue to fall
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
BoG highlights areas of concern in underlying NPE data
HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln
The Hellenic Financial Stability Fund (HFSF) issued its 2013 annual report, which revealed some important financial information related to the Fund’s activities throughout last year.
The HFSF equity stood at 34.42 billion at the end of 2013 and reflects the potential recovery value of the original paid-up capital of 49.7 billion. The difference of the two figures primarily stems from the cumulative loss of 11.3 billion related to th...
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