NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk

EconomyBanking Tags: Banking, NPLs
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

The financial stability report published by Bank of Greece (BoG) on Tuesday details the credit risk in Greece’s banking system related to the major challenge of dealing with the stock of Non-Performing Exposures (NPEs).

During 2018, NPEs continued their downward path, dropping to 81.8 billion euros, falling by more than 13 percent, or 12.6 billion, from the 94.4 billion figure at the end of 2017.

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