Mortgage loans a key piece of NPL reduction puzzle
Card transactions in Greece experience boost due to capital controls
Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
NBG remains profitable in Q2 with net results of 21 mln
Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
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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