Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

EconomyBanking Tags: Alpha, Banking, Eurobank, NBG, Piraeus

In the closing weeks of the year, Greek systemic banks have maintained their efforts to tidy up their balance sheets and execute on their business plans, which foresee them reaching single digit NPEs by the end of next year.

Following agreements reached earlier in autumn, Alpha Bank last week and National Bank of Greece along with Eurobank on Monday announced the completion of Cosmos, Frontier and Mexico transactions respectively.

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