Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
H1 bank results show performance stabilising, laying ground for further improvement
Eurobank net profits at 6 mln in Q2 amid increasing securitisations
Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
NBG reports net profits of 122 mln in Q2, highlights successful bond sale
Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
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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