OECD advocates closer look at health and capital quality of Greek banks

EconomyBanking Tags: Banking, NPLs, OECD
Photo via http://www.oecd.org/
Photo via http://www.oecd.org/

In its latest survey for Greece, published on Wednesday, the OECD draws attention to the Greek banking system and the importance of improving banks’ balance sheets so the lenders can resume their critical role of financing the economy, particularly due to the difficulties caused by the pandemic.

The Paris-based think-tank notes that over the last couple of years some positive developments have come about in the Greek financial sector.

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