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Newsletter 36 - 24/07/2015
, in this order. As of the beginning of 2016, senior debt holders and uninsured deposits (above 100,000..., particularly abroad. That said, Alpha and Eurobank announced the acquisition of the Alpha branch network in Bulgaria by Postbank, Eurobank’s subsidiary in that country. According to a joint statement
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Newsletter 161 -11/05/2018
on Athens is facing a tall order with the deadline for prior actions to be completed in a timely manner... of 18.25 percent for Alpha, close to 18 percent for Eurobank, 16.48 percent for National Bank... will improve for Alpha Bank to 20.37 percent, 16.56 percent for Eurobank, almost 16 percent for NBG
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingthe form of sales. Eurobank In mid-October, Eurobank announced that it had signed an agreement..., approximately 1 billion will appear on the bank's balance sheet. The sale is part of Eurobank's plan to reduce... attract greater interest and better pricing in order to meet their 500-million-euro target. SSM
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingwith their work in reducing bad loans in order to reach the ambitious target of an NPE ratio below 10... Moody's predicted that Eurobank and National Bank of Greece are best positioned to meet the targets... stated. Eurobank’s Project Pillar non-performing loan sale is moving to its next phase and attracted
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingfrom the European Commission’s DG Comp in order to start operating. HFSF scheme Another scheme... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... been code-named Project Pillar by Eurobank. The bank will retain 100 percent of the senior notes
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The race to reduce Greece's bad loans
EconomyBankingsales. In order to be on track, the target for banks by the end of 2019 is 35 percent. Action... to reduce in order for the bank to reach its end-December target of 21.4 billion. NPLs came to 16.1 billion.... A total of 1.8 billion in bad loan portfolio sales are scheduled for 2018. Eurobank’s Q1 results put NPE
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Newsletter 80 - 01/07/2016
, Sarah Vine, told the former education minister the morning after the referendum. She used a famous
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Fool Britannia
Agoralies and stoking hate. “You were only meant to blow the bloody doors off,” Michael Gove’s wife, Sarah
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How Greek banks moved into a new era
Agoraof the domestic banking landscape. At the end of that part, four banks - Alpha, Eurobank, National... private investors. The remainder was covered by the Hellenic Financial Stability Fund (HFSF). Eurobank... in Piraeus and 84 percent in Alpha and National. HFSF stake in Eurobank was 95.2 percent with full
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Stock market slips 1.4 pct dragged by huge bank losses
Economy, followed by Piraeus (-33.3 percent), Eurobank (-17.6 percent), Alpha (-17.5 percent) and Hellenic... in the previous week. Corporate news Alpha, Eurobank and Piraeus stocks temporary ceased trading as of Friday... mainly dragged by aluminum prices. Sales fell 9.7 percent to 247.9 million, while EBITDA halved to 31.6
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