Banks tout ambitious NPE plans to return to European mainstream
NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
Alpha Bank posts net profit of 103.7 mln in 2020
Piraeus announces transformation plan amid 2020 loss of 662 mln
Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
Banks intensify balance-sheet clean up with securitisations, new bonds
Athens looks to overcome APS snags as it awaits green light from Brussels
Finance Minister Christos Staikouras was due to meet the CEOs of Greece’s four systemic banks on Thursday as the government appears to be stepping up its efforts to secure approval for the Asset Protection Scheme (APS) aimed at reducing the giant pile of NPLs on their balance sheets.
The meeting comes a day after Prime Minister Kyriakos Mitsotakis and some of his top ministers and aides held talks with outgoing European Central Bank president Mario Draghi in Athens. Draghi was in the Greek capital to be awarded by the Academy of Ath...
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