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
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
Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
OECD advocates closer look at health and capital quality of Greek banks
In its latest survey for Greece, published on Wednesday, the OECD draws attention to the Greek banking system and the importance of improving banks’ balance sheets so the lenders can resume their critical role of financing the economy, particularly due to the difficulties caused by the pandemic.
The Paris-based think-tank notes that over the last couple of years some positive developments have come about in the Greek financial sector.
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