BoG highlights areas of concern in underlying NPE data

EconomyBanking Tags: Banking, BoG, NPLs
Photo by Panayiotis Tzamaros/Fosphotos
Photo by Panayiotis Tzamaros/Fosphotos

In the overview of the financial system that the Bank of Greece (BoG) published last week, the central bank goes into detail about the issue of non-performing exposures (NPE), the composition and dynamics of the most challenging legacy that the crisis has left for the country’s credit institutions.

BoG highlights that Greek lenders have made significant progress in tackling the stock of bad loans. It describes the reduction that has been achieved to date, with the outstanding amount of bad assets standing at under 89 billion euros in the end of Ju...

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