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
Piraeus Bank posts net loss of 80 mln in Q1
Deadlock at NBG over chairman appointment
While it is widely acknowledged that the key challenge for Greek banks going forward is tackling the huge stock of non-performing exposures (NPEs), a new complication emerged over the past few days regarding the appointment of a new chairman at National Bank (NBG).
The bank’s Board of Directors (BoD) convened last Thursday and chair Louka Katseli resigned. This move was expected as she does not fulfil the criteria set by the European Central Bank’s Single Supervisory Mechanism (SSM) for holding a top position in a...
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