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Banks end year with continued bad loan sales
EconomyBankingthat will be called Hercules II whereas there is also the prospect of additional tools like the bad bank... billion and 10.8 billion from Project Galaxy of AlphaBank, as Eurobank’s Cairo was completed. Hercules II.... An addition to the existing Bridge programme, dubbed Bridge II is one of the options being explored
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingII. Cairo I consists of consumer loans and mortgages in Swiss francs worth 1.8 billion euros. Cairo II is made up of retail loans worth 2.9 billion and Cairo III consists of business loans of large... for the second quarter of the year as well. All three portfolios have received binding offers
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Somewhere in the middle: Kosovo's delicate relations with the European Union
Agoraalso affected the implementation process. The ERA II was agreed in late 2020 and should be implemented... difference compared to ERA I, is that the ERA II has not been framed as a High Level Political Dialogue... the nexus between a legally binding agreement between Kosovo and Serbia and the accession of both
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Newsletter 411 - 09/02/2024
, oversubscribed 4x. Eurobank issued a 300-million-euros Tier II bond with offers reaching 1.8 billion... to issue an MREL bond with a Tier II for 500 million euros, attracting 1.8 billion euros of offers... as an anti-populist social progressive. Although the vote is non-binding, and has no immediate
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Terms & conditions
No image availableof reputation or goodwill, or loss or corruption of information or data (ii) direct loss or consequential damage... or business relationships, loss of reputation or goodwill, or loss or corruption of information or data (ii...” in which case the service consists in the value added service of finding the respective content. 1.7
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How Greek banks can balance on the collateral tightrope
Agorapercent for T-Bills to 20-30 percent for pillar II and III bonds and up to 50-55 percent for loans... eligible collateral shows that the bulk relates to pillar II bonds and loans. Based on the ELA... split between pillar II bonds and loans, as MacroPolis explained last month. For pillar II
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Newsletter 19 - 13/03/2015
government securities meant that pillar II and III bonds, T-Bills and Greek government bonds... to 50.9 billion in January and mainly relate to pillar II bonds. The interest cost of ELA funding... percent to the state for utilising pillar II bonds. On the January figure of 50.9 billion
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Newsletter 27 - 22/05/2015
liquidity. Such funding tools mainly involve the issue of additional pillar II bonds (by another 40... complex reforms and finding compromise solutions with international creditors. Although Cyprus... and reform priorities. In short, while Nicosia is in the process of winding down its affairs
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraoperations (TLTRO-II) and repricing of time deposits at lower levels. As we have previously argued... capacity on 32.5 billion euros in the TLTRO-II operation, they would have access to liquidity at a cost... on an annual basis. Greek banks also reduced the pledged pillar II bonds by 5.4 billion euros
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agorasuch as (i) work out alternatives, (ii) the externalisation of NPLs into a special purpose vehicle (SPV... ratios require domestic lenders to step up their provisioning, thus binding already scarce capital.... The challenge Greek SMEs face in finding access to finance will continue to make the search for feasible
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