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
Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
Eurobank net profits at 56.3 mln in Q3 from continued operations
BoG urges banks to improve quality of capital, re-doubles SPV efforts
In its latest financial stability report published on Thursday, the Bank of Greece (BoG) took stock of the various positive developments and encouraging signs for the economy and banking sector, while highlighting the challenges for systemic local banks, emanating from the quality of the loan portfolio and the composition of the capital structure that largely constitutes of deferred tax credits (DTC).
BoG notes that throughout 2019 economic sentiment has been improving and that this has reflected positively on the country’s banking system, leading to the complete lifting of the capital controls that were introduced in the summer of 2015 and were grad...
If you are already registered, please sign in.
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.
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.€480.00
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.