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 presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
Greek banks’ non-performing exposures (NPEs) in Greece reached 103 billion at the end of 2015, Aris Xenofos, CEO at the Hellenic Financial Stability Fund (HFSF), revealed on Tuesday.
The last memorandum of understanding (MoU) mandated HFSF to present a non-performing loan (NPL) resolution action plan to enhance coordination among banks for common borrowers and accelerate the restructuring of viable, albeit distressed, large corporat...
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