The race to reduce Greece's bad loans
NBG makes profit of 20 mln in Q1, NPE stock falls again
Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
Eurobank net profits at 34.5 mln in Q1
Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
Banks focus on defining challenge of reducing NPEs
Alpha and NBG complete sales of hotels
Two of the four core Greek banks, Alpha and NBG, announced the completion of the sale of their hotel subsidiaries at the end of last week. Both transactions are part of the banks’ restructuring plans, which include, among others, disposal of non-core assets.
Home Holdings is owned by Tourism Enterprises of Messinia SA (controlled by the Konstantakopoulos family) and D-Marine Investment Holdings, which is based in Amsterdam and operates as a subsidiary of Dogus Holdings, one of the top-3 largest private sect...
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