APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
BoG urges banks to improve quality of capital, re-doubles SPV efforts
Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
Eurobank net profits at 56.3 mln in Q3 from continued operations
NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
BoG highlights areas of concern in underlying NPE data
In the overview of the financial system that the Bank of Greece (BoG) published last week, the central bank goes into detail about the issue of non-performing exposures (NPE), the composition and dynamics of the most challenging legacy that the crisis has left for the country’s credit institutions.
BoG highlights that Greek lenders have made significant progress in tackling the stock of bad loans. It describes the reduction that has been achieved to date, with the outstanding amount of bad assets standing at under 89 billion euros in the end of Ju...
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