Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
Banks enhance steps to deal with NPLs ahead of stress test
Eurobank raises 500 mln with covered bond issue
Trust in Greek banking system shaky, survey suggests
NBG steps back into markets with 750 mln covered bond issue
Eurobank sells NPL package in attempt to reduce bad debt pile
Greek banks conclude series of corporate actions as part of restructuring
Greek banks concluded a number of corporate actions in the last month of 2016 as part of the implementation of their restructuring plans, which includes disposal of non-core assets and focus on specific markets.
On December 30, NBG announced it entered into a definitive agreement with the Belgian KBC Group for the sale of a 99.91 percent stake in NBG’s Bulgarian subsidiary United Bulgarian Bank (UBB).
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