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
Alpha Bank posts net loss of 10.9 mln in Q1
NBG results show net profits of 409 mln euros on strong trading income in Q1
BoG governor renews calls for launch of bad bank and ESM use
APS option to help banks with bad loans seen gaining ground
Greek authorities appear to be edging towards the option of creating an Asset Protection Scheme (APS) to help banks reduce their stock of bad loans, developments this week suggest.
During the 10th Risk Management & Compliance Forum organised by the Hellenic Management Association on Thursday, the head of the Hellenic Financial Stability Fund (HFSF) Martin Czurda revealed that he held a meeting with Finance Minister Euclid Tsakalot...
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