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Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
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Lenders confident of being well-placed to overcome global banking sector turbulence
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After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
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NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
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Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
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Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
Alpha, Eurobank sign agreement with KKR for management of NPLs
In a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected Greek corporates into a platform managed by Pillarstone.
The non-performing loan (NPL) portfolio will reportedly amount to 1.2 billion euros and will equally stem from the two Greek banks.
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