NBG results show net profits of 465 mln euros on strong income
Banks step up securitisation drive following pandemic interruption
Piraeus Bank posts pre-tax losses of 215 mln in H1
OECD advocates closer look at health and capital quality of Greek banks
BoG stresses more work needed on NPE reduction, pushes bad bank idea
Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
In total, the management noted that NPE stock fell by 2.5 billion year-on-year (YoY) to 20.1 billion, which was ahead of the initial reduction target by roughly 700 million. For all of 2017, NPE formation stood at -687 million compared to positive formation of 909 million in 2016.
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