NBG results show net profits of 465 mln euros on strong income
Banks step up securitisation drive following pandemic interruption
Piraeus Bank posts pre-tax losses of 215 mln in H1
OECD advocates closer look at health and capital quality of Greek banks
BoG stresses more work needed on NPE reduction, pushes bad bank idea
Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
Watchdog raid strains testy relationship between banks and govt
Another chapter in the unexpectedly turbulent relationship between the new Greek administration and the country’s banks was written on Thursday when the Competition Commission raided the headquarters of the four systemic banks, Attica bank and the Hellenic Banking Association.
The Greek competition watchdog was reportedly looking for evidence of coordinated practices by Greek bankers in setting customer charges for various services in the domestic market. The raid lasted up to the late hours for some banks. Inspectors reporte...
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