-
Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
-
Q3 sees loans managed by servicers rise by 10.8 pct QoQ to reach 20.11 bln
-
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
Banks highlight areas of concern in talks on NPL scheme
The Finance Ministry has redoubled its efforts to get over the line the Asset Protection Scheme (APS), codenamed Hercules, that is meant to help Greek systemic lenders reduce the stock of NPEs on their books by up to 30 billion euros through state guarantees on securitisations.
Finance Minister Christos Staikouras chaired a meeting on Thursday, in which his deputy minister, responsible for the financial sector Giorgos Zavvos and the CEOs of the four banks met to iron out the issues that arose during recent weeks, when Greek ba...
You need a subscription to access our analysis. Please choose one of the packages available.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€480.00Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.