A closer look at the composition of Greece's bad loans

EconomyBanking Tags: Banking, BoG
Photo by MacroPolis
Photo by MacroPolis

In addition to an update on the evolution of non-performing exposures (NPEs), the Bank of Greece (BoG) review report on the Greek banking system published in late July also revealed a number of characteristics regarding the quality of NPEs.

As we have previously noted, the NPE ratio reached 44.2 percent at the end of 2015 from 39.9 percent in the previous year with the absolute figure climbing to 108 billion euros from 99 billion in 2014. At the end of last year, 54.7 percent of consumer l...

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