Busy Q2 for securitisations sees rise in bad loans managed by servicers

EconomyMacroeconomy Tags: Banking, NPLs
Photo by MacroPolis
Photo by MacroPolis

In the second quarter of the year (Q2), loans managed by Credit Servicing Firms (CSF) stood at 61.75 billion euros, according to data released by the Bank of Greece (BoG) on Thursday.

This reflects a close to 19 billion euros rise quarter-on-quarter, from 42.77 billion euros in Q1. In the end of last year, loans managed by servicers were 39.94 billion euros.

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