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
Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
Eurobank net profits at 56.8 mln in Q1
Banks try to build on growing confidence
With the programme exit now just around the corner and as credit rating agencies and investors start to view Greece’s banks through a more positive lens, the country’s lenders are taking steps to make the most of the current sentiment.
It was recently reported by Naftemporiki newspaper that the country’s systemic banks were working on covered bonds worth around 4 billion to be upgraded to investment grade status. Sources said that at least two banks were in advanced talks with credit ...
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