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  1. Newsletter 200 -29/03/2019

    Newsletters

    points. Credit contraction at 0.6 pct in Feb Balance comes to 169.85 billion euros The contraction for the month is the mildest since February 2018 when the figure came to -0.9 percent. Credit

    3%
  2. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    of credit cards, consumer loans, SBL and small SMEs worth 1.2 billion euros which is expected to close... to the annual update of the expected credit loss (ECL) models and the aging in the retail portfolio

    3%
  3. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    and increased credit card usage for retail transactions in Q4 2018, which created a base effect. Recurring... threshold. The eligible amount to be converted to tax credit claims stands at 3.2 billion euros

    3%
  4. BoG notes economic progress, urges safeguarding of fiscal credibility
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    percent. Greek credit institutions also managed to eliminate their dependency on emergency financing... requires continuity until all reforms have been completed. Credit institutions are required to resume

    3%
  5. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    taken in the previous quarter, management noted. The main drivers were credit cards, payments... usual fees from credit cards recorded in Q1 2018 as well as weakness in asset management activity in Q1

    3%
  6. Government looks to review visit for nod on tax package
    Photo by MacroPolis

    EconomyProgramme

    to maintain the tax-free threshold of 8,636 euros in 2020. In addition, the personal tax credit... to the proposed tax credit for building renovations. While the Greek side is focussed on the fiscal aspects

    3%
  7. Newsletter 221 -27/09/2019

    Newsletters

    . The primary surplus surpassed its target by 3.18 billion euros. Credit contraction at 0.1 pct... came to 11 billion. Credit contraction in the Greek market stayed at 0.1 percent in August, unchanged

    3%
  8. Greece falls to 79 out of 190 economies in ease of doing business ranking

    EconomyFeatures

    for 10 years. Getting credit The country ranked 119 for securing credit for a business with a score

    3%
  9. Alpha Bank posts net profits of 4.7 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    percent in 9M. The quarterly increase was driven by increased credit card usage due to the tourist... is largely attributed to the higher than usual fees from credit cards recorded in Q1 2018. Recurring

    3%
  10. Q3 sees loans managed by servicers rise by 10.8 pct QoQ to reach 20.11 bln

    EconomyBanking

    The Bank of Greece (BoG) released a new quarterly bulletin last week detailing statistics regarding the operations of Credit Servicing Firms (CSFs). The BoG said that the data was being provided... transferred by domestic credit institutions to specialised foreign financial institutions. Data

    3%