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Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY
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NBG net profit nears 1 bln up to Sep, commision income rises 7.6 pct to 336 mln
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Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
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Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
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Alpha Bank's net profit at 517 mln in H1, commissions jump to 229.1 mln
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
BoG sees ample capital space for banks to sell bad loans
With the effective management of the stock of Non-Performing Exposures (NPE) having been identified as one of the main challenges for the Greek banking system and the wider economy, the Bank of Greece (BoG) presents in its semiannual overview of the Greek financial system a sensitivity analysis on active NPE management by Greek financial institutions in relation to the operational targets of reducing their stock to 64.6 billion euros, from 101.8 billion, by the end of 2019.
Sales of parts of the NPE portfolio represent 11.6 billion euros, 11.6 percent of the existing stock, of the reduction goals. In its analysis, the BoG examines the level of flexibility that Greek lenders have in managing sales of bad loans based on the ...
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