Banking

Results 111 to 120 out of 191.

Photo by MacroPolis Government steps in as NBG row takes new twist

Just one day after the election of the new chairman at the National Bank of Greece (NBG), which was seen as providing respite in the recent dispute between the NBG top management and the bank’s major shareholder, the Hellenic Financial Stability Fund (HFSF), things appear to be flaring up again at the lender.

Photo by Panayotis Tzamaros/Fosphotos 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).

Photo by MacroPolis 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.

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

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.

Photo by MacroPolis One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2

National Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related to Finansbank that were previously recognised in other comprehensive income as well as in equity and capital.

Results 111 to 120 out of 191.