S&P: Greek covered and securitised bonds rated investment grade for first time since 2011
Improving trends in property market highlighted by central bank
BoG report outlines benefits of surveillance and scenarios for debt
Piraeus enters agreement for sale of 2.2 bln loan portfolio
BoG Monetary Policy Report positive on programme end but advises caution for future targets
The race to reduce Greece's bad loans
Bank of Greece report overviews lenders' profitability, urges drastic NPL management
The Bank of Greece (BoG) published on Tuesday an overview of the Greek financial sector, providing an update on the key developments and data over the past five years regarding banks’ profitability, loan quality and cards’ transactions.
The report showed that over the past five years, Greek banking groups’ assets have declined by 114.4 billion euros to 345.8 billion at the end of 2015 from 460.2 billion at the end of 2010. Over this period, net loans dropped by 121.7 billion to 185.1 b...
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