Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
Lenders confident of being well-placed to overcome global banking sector turbulence
After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
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.
If you are already registered, please sign in.
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€500.00