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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyto 8.39 percent. In contrast, the rate for consumer credit without a fixed maturity (mostly credit
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Alpha and NBG complete sales of hotels
EconomyBankingcredit outlook published on October 31, Moody’s said that the transaction is credit positive for NBG
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Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September
EconomyMacroeconomylending sector, the consumer credit floating rate declined by 40 bps to 7.99 percent, while that without a fixed maturity (mostly credit cards) remained almost stable at 14.42 percent. Moreover, the housing
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Presidential shuttle diplomacy between Athens and Berlin
Agoraas the maturity duration of Greek bonds in the ECB’s portfolio or bilateral credit guarantees extended to Greece in the first memorandum. It is to Obama’s credit that he has not shied away from leading
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Moody’s changes outlook for Greek banks from negative to stable
EconomyBankingconstrain credit expansion and banks’ revenue growth. In specific, contraction in the private sector credit is expected to slow in 2016 and then stabilise or marginally increase in 2017. The primary
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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomyto 19.7 billion. Consumer credit NPE ratio is foreseen to decline by 18 pp to 36 percent, while... percent) will derive from the business sector with mortgages and consumer credit making up 19
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingmillion. In contrast, the NPL formation in the consumer credit sector remained negative for the third... at 8.5 billion, while the deferred tax credit (DTC) of 3.4 billion remains the lowest among core Greek
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Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
EconomyMacroeconomy. In the household lending sector, the consumer credit floating rate further decreased by 17 bps to 7.48... maturity (mostly credit cards) edged up 5 bps to 14.47 percent. The housing loan rate was reduced
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgramme) private sector leverage, credit flows and real estate developments (weight 15 percent). For each... to 2 (from 1.5). In addition, it remained broadly flat in private leverage, credit and real estate
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomycontrols. The bank notes that the contraction of credit to nonfinancial entities appears to be bottoming out, while the annual rate of of decline in credit to households is almost zero. Capital adequacy
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