APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
BoG urges banks to improve quality of capital, re-doubles SPV efforts
Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
Eurobank net profits at 56.3 mln in Q3 from continued operations
NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
Banks gear up for stress tests, with results due in May
A clearer picture of the stress tests for Greek banks emerged over the past few days as the various stages and dates involved in the process were finalised.
The aim of the process is for the ECB’s Supervisory Board to meet to discuss and rubberstamp the results of the exercise in May, leaving Greece’s lenders with a complete picture regarding the need to cover any, if at all, capital requirements.
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