Bank of Greece reveals lenders' NPE challenge and sets out path to recovery

EconomyMacroeconomy Tags: Banking, BoG, NPLs
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

The Bank of Greece (BoG) published on Wednesday its first report on the operational targets for non-performing exposures (NPEs).

According to the supplemental memorandum of understanding (MoU) published in mid-June, BoG will publish quarterly, starting from this month, an aggregated summary report on the developments of selected NPE Key Performance Indicators (KPIs) and targets.

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