Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
Hercules nears end of its first cycle with National Bank's participation
BoG warns pandemic will leave trail of bad loans, hastening need for new tools
Banks end year with continued bad loan sales
NBG results show net profits of 602 mln euros in 9M
Alpha Bank Q3 results reflect net profits of 43.8 mln
BoG governor renews calls for launch of bad bank and ESM use
Last week, Eurobank submitted the final arm of its securitisation, Cairo III, to the Hercules scheme.
Other banks had been planning to submit portfolios to Hercules when it was launched, but those plans now look likely to be put on hold due to the coronavirus. So far, Eurobank remains the sole Greek systemic bank to have taken up the scheme.
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