-
Deposit outflow at 550 mln in Oct, led by a decline in corporates
-
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
-
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
-
S&P leaves Greece a notch away from investment grade as outlook blurs
-
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
-
Yields rise, but Greek debt still partly shielded from market headwinds
BoG underlines progress in NPE reduction but stresses need for systemic solution
In its annual report published on Monday, the Bank of Greece (BoG) provided an update regarding Non-Performing Exposures (NPE), which is the major challenge for the domestic banking system and in which the BoG has taken an active role by leading an initiative for a more systematic approach to improving banks’ balance sheets.
At the end of last year, NPEs stood at a total of 81.8 billion euros, which was 12.7 billion lower compared to the end of 2017, and 25.4 billion below their peak in March 2016.
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€500.00