Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
Banks remain largely profitable in Q2, with focus on NPL reductions
Property e-auctions resume after pandemic hiatus as banks focus on NPLs
Eurobank net results show profit of 176 mln in H1
Alpha Bank posts net profits of 98 mln in Q2
NBG results show net profits of 465 mln euros on strong income
Banks step up securitisation drive following pandemic interruption
Having experienced a setback earlier in the year, when the pandemic broke out and led to reconfiguration of the plans on securitisations, Greek systemic banks are accelerating their efforts to catch up for lost time in restoring the health of their balance sheets.
Eurobank was at the most advanced stage compared to its peers in the so-called Cairo project and by the beginning of June completed the overall transaction that included the sale of an 80 pct stake in its loan management arm Eurobank Financial Planning ...
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