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
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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