Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
Banks enter final quarter with high hopes for bad loan reduction while challenges remain
Commission gives go-ahead for APS to reduce NPL pile
Banks highlight areas of concern in talks on NPL scheme
Athens looks to overcome APS snags as it awaits green light from Brussels
Loans under credit servicing firms drop 0.7 pct QoQ to 17.45 bln
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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