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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
EconomyBankingcalling for property auctions to resume for some time now in order to manage their non-performing loan... had been falling. In July, the Bank of Greece said that NPL stock at the end of 2019 came to 68.5
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Assessing the health of Greek banks' loan portfolios
EconomyBankingshow that the non-performing loan (NPL) ratio reached 33.8 percent at the end of 2014, revealing a material deceleration in the NPL formation during the course of 2014. In particular, the NPL ratio... classified as NPL last year, while housing NPL ratio was the lowest slightly below the 29-percent
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammethe draft bill stresses that a secondary NPL market will be created with positive consequences... that would acquire the NPL would do so at a price much lower than its nominal value. This means it could... for the bank that originally held the loan. According to the multi-bill, a loan is classified as NPL
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agoracorresponded to almost a quarter of gross loans from a fifth a year ago. The non-performing loan (NPL..., the NPL ratio increased by 2.4 percentage points (pp) to 36.4 percent. Despite the NPL rise, the sharper increase in provisions led to the NPL coverage ratio improving by more than 9 pp to 68.1 percent
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingthe NPE formation stood at at -73 and -60 million euros respectively. In contrast, NPL formation stayed... down by 41 percent from the Q1 figure of 154 million. The NPL stock was reduced by almost 200 million QoQ to 17.3 billion on write-offs with the NPL ratio slipping to 34.6 percent in Q2 from 34.8
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingloans, with NPE formation of -3 million. A rise of 1 million had been noted in Q3. NPL formation also... formation of 31 million in Q3. The NPL stock stood at around 13.2 billion in Q4 with the NPL ratio slipping to 29.3 percent in Q4 versus 30.9 percent. The NPL coverage ratio declined to 67.2 percent in Q4
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomy(NPL) ratio rose to 34.1 percent at the end of June from 31.9 percent at the end of 2013 indicating a slight slowdown in the NPL formation within the first half of the year. The NPL breakdown by sector displayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from
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Management of NPLs to test gov't in negotiations with lenders
Economyto reach an accord with the institutions on a non-performing loan (NPL) strategy. This is among... for non-bank NPL service providers and for loans to be transferred from the beginning of 2016... of the first programme review. Among the other topics including in the NPL prior actions, we highlight: 1
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Deadline for liberalisation of household and SME NPLs looms closer
Economyprogramme review is the full liberalisation of the non-performing loan (NPL) market. Although... for the disbursement of the last sub-tranche of 1 billion euros. Until February 15 only NPL sales of large... and regulation of non-bank NPL services providers. These entities must be based in Greece or in the EU
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingloan (NPL) ratio edged up to 35.2 percent in Q4 from 35 percent in Q3 with the NPL formation... NPL formation notably fell, while that for mortgages remained stable QoQ. The NPL coverage ratio was kept almost unchanged at 64.8 percent. The management noted that the NPL formation in the first two
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