Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
Banks remain largely profitable in Q2, with focus on NPL reductions
Property e-auctions resume after pandemic hiatus as banks focus on NPLs
Eurobank net results show profit of 176 mln in H1
Alpha Bank posts net profits of 98 mln in Q2
NBG results show net profits of 465 mln euros on strong income
Deadlock at NBG over chairman appointment
While it is widely acknowledged that the key challenge for Greek banks going forward is tackling the huge stock of non-performing exposures (NPEs), a new complication emerged over the past few days regarding the appointment of a new chairman at National Bank (NBG).
The bank’s Board of Directors (BoD) convened last Thursday and chair Louka Katseli resigned. This move was expected as she does not fulfil the criteria set by the European Central Bank’s Single Supervisory Mechanism (SSM) for holding a top position in a...
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