Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
NBG net profits decline to 8 mln in Q3, NPLs continue to fall
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
BoG highlights areas of concern in underlying NPE data
Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
BoG provides details of ambitious plans to slash NPLs via SPV
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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