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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
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Banks discover stress test assumptions, results due in July
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
The Greek government appears to have submitted to the European Commission its final proposal for an Asset Purchase Scheme (APS), which it hopes will help local banks substantially reduce their stock of non-performing loans.
According to a report in Kathimerini newspaper on Thursday, Deputy Finance Minister Giorgos Zavvos handed the plan, dubbed the Hercules Project, over to officials in Brussels on Friday. The European Commission will now have to check the details to ensur...
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