Search
-
ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBankingbut was postponed due to the pandemic was capital depletion from credit risk, market risk and income-generation... shareholders. Credit institutions were reluctant to take ambitious moves in the clean-up
3% -
Newsletter 314 - 29/10/2021
and the growth year-to-date exceeds 10 billion euros. Loans Credit expansion also slowed down... growth in February this year, after which growth has been dropping. Credit growth continues
3% -
Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingand corporate loans. The transaction enables the bank to secure Credit Risk protection for the mezzanine.... In the third quarter (Q3) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 72.2
3% -
DBRS moves Greece a notch closer to investment grade as Moody's holds off
EconomyThe Greek authorities anticipated two credit rating upgrades on Friday but had to settle for one as DBRS upped the country’s rating by one notch and just one step away from investment grade... credit rating upgrade for Greece by one of the three major rating agencies was by S&P in April last
3% -
Newsletter 378 - 28/04/2023
that Greece could be upgraded to investment grade before the elections, S&P held firm on its credit... will affect the industry due to costly access to credit, which will compound the rise of construction
3% -
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
Economythat Greece’s credit strengths are backed up by the supportive stance of the eurozone partners...’ which is the ‘B-‘equivalent. DBRS is the next scheduled agency to publish an opinion on Greece’s credit
3% -
Loans managed by servicers broadly stable in Q2 at 71.16 bln
EconomyMacroeconomyThe universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q4 last year and in Q2 2022 it stood at 71.16 billion euros, according to data released by the Bank of Greece (BoG... credit NPEs were 15.85 billion euros, while housing loans were also stable at 21.51 billion euros
3% -
Mitsotakis leans on economic performance in bid to clinch local election dominance
PoliticsGreek Politicsharvests were destroyed by recent bad weather, he claimed credit on behalf of his government for the good..., and the recent credit upgrades announced by ratings agencies. The prime minister said the cost
3% -
A closer look at Greece's Q3 2023 national accounts
Agoraattention may then shift to other levers in the toolbox, rather than always thinking of credit and fiscal... credit and higher fiscal deficits and debt. This requires real structural reforms, such as breaking
3% -
Newsletter 406 - 15/12/2023
of Greek banks from stable to positive, with unchanged credit ratings. The main driver... their credit ratings, on the back of cleaned up balance sheets, profitability and the prospects
3%