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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
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Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
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Banks remain largely profitable in Q2, with focus on NPL reductions
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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
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Eurobank net results show profit of 176 mln in H1
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Alpha Bank posts net profits of 98 mln in Q2
OECD advocates closer look at health and capital quality of Greek banks
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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