Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
APS option to help banks with bad loans seen gaining ground
Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
Banks submit new NPL targets to SSM, with sales leading way in reduction drive
Mortgage loans a key piece of NPL reduction puzzle
Card transactions in Greece experience boost due to capital controls
BoG reveals figures for repatriation and banknotes returning to banking system
In its annual report published on Friday, the Bank of Greece (BoG) provided more details on the evolution of Greek banks’ deposits since the imposition of capital controls at the end of June 2015.
The net inflow of banknotes in the domestic banking system reached 7.7 billion euros, of which 2.6 billion in the second half of 2015 and 5.1 billion in 2016. This corresponds to an average monthly inflow of 430 million, which is lower than the respecti...
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