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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBanking, from 94.4 billion the previous year. The ratio stood at 45.4 percent of total loans, down from..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... estate assets with total on-balance sheet gross book value of approximately 1.8 billion euros, code
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Newsletter 223 -11/10/2019
not even equal 30 percent of the person’s total income. Despite these criticisms and the doubts... to public coffers. The total amount to be settled via the scheme stands at 11.6 billion euros. Of those who... increased by 59,599 or a rise of 1.5 percent. Total employment reached 3.91 million people. The overall
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingbegun operation. Compared to the Bank’s 27 billion euros NPE pile, a total of 18 licensed credit... stock on its balance sheets with the total currently standing at 26.1 billion. NPL stock stood at 17.36 billion. The Bank plans to securitise a total of 6 billion euros in bad loans by 2021. Bad loan
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Newsletter 229 -22/11/2019
the first ten months of the year, total expenditure came to 42.46 billion, landing below target..., which took the overall travel balance to 14.03 billion, equal to a rise of 12.2 percent YoY. In total... percent). The weighted average maturity of the total debt rose to 20.84 years in Q3 from 20.85 years
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Newsletter 233 - 20/12/2019
, with a so-called social dividend of 700 euros being handed out to 250,000 households. The total... quarter (Q3) of 2019, the total for loans serviced by CSFs came to 20.11 billion euros from 18.14 billion in Q2 of this year, an increase of 10.8 percent quarter-on-quarter (QoQ). Out of the total
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Newsletter 241 - 28/02/2020
’s three securitisations under the code name Cairo, with a total value of 7.5 billion euros... billion in total. The portfolio consists of three different securitisations of varying size... the country. A total of roughly 71 billion euros worth of bad loans sit on the balance sheets
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBanking. On an annual basis, NPE stock dropped by 3.1 billion euros compared to 2018. Total NPE stock came to 21.8... coverage ratio at 65 percent. Total coverage including collateral came to 118 percent. Regarding the auctions of repossessed assets, a total of 3,871 auctions were held in 2019. The success rate was 40
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingratio stands at 15.6 percent and total provisions account for around 60 percent of NPEs in Q1. The NPL... increased by around 500 million QoQ to 32.9 billion, with total deposits landing at 45.3 billion euros... for the Cairo/FPS transactions, total CAD stands at 14.4 percent, and risk weighted assets reached 43.0
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New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month
EconomyMacroeconomymillion month-on-month in March, bringing the total to 2.08 billion euros compared to 1.57 billion... unpaid, according to the latest data from the IAPR. Total debtors now stand at 3.95 million, down by 38,639 month-on-month and remaining below 4 million for a second month running. The total for legacy
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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBanking. The portfolio of bad loans in question is secured against real estate assets with a total on-balance sheet... amounts to 24 percent approximately of the total on-balance sheet gross book value, and can be increased up to 30 percent of the total on-balance sheet gross book value through a contingent consideration
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