Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
Bank branches fall in 2016, degree of concentration highest in EU
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
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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