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  1. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Moody's predicted that Eurobank and National Bank of Greece are best positioned to meet the targets... stated. Eurobank’s Project Pillar non-performing loan sale is moving to its next phase and attracted... a combination of loan portfolio sales along with the sale of a stake in FPS, Eurobank is expecting

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  2. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... been code-named Project Pillar by Eurobank. The bank will retain 100 percent of the senior notes... Europe, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns

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  3. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    ’s Greek operations by the end of 2022. Eurobank Eurobank is planning to leverage 7.5 billion euros... Eurobank SA as part of the bank’s plans to consolidate its balance sheet. The current legal entity

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  4. Newsletter 241 - 28/02/2020

    Newsletters

    from Eurobank As was widely anticipated, since it had been trailed by Economic Affairs Commissioner... of the country’s four systemic banks received its first application this week from Eurobank... and loan types which the bank has classified as Cairo I, II and III. In a statement of their own, Eurobank

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  5. BoG governor renews calls for launch of bad bank and ESM use
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    its first application from Eurobank. The application related to two of the bank’s three... in total. Last week, Eurobank submitted the final arm of its securitisation, Cairo III..., but those plans now look likely to be put on hold due to the coronavirus. So far, Eurobank remains

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  6. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    year. Eurobank recorded net results of an adjusted profit of 176 million euros in H1 compared to net... ratio stood at 64 percent, while total coverage including collateral came to 117 percent. Eurobank’s... extended payment moratoria to around 2.2 billion euros-worth of mortgages. Eurobank has extended

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  7. Banks moving at pace on road to recovery

    EconomyBanking

    , Alpha Bank - last week - and Eurobank - earlier in the year - issued senior preferred bonds of 500..., callable at 5.5 years. At the end of April, Eurobank had secured a re-offer yield of 2.125 pct and had..., with Piraeus Bank at B3 from Caa2 and Alpha, Eurobank and NBG at B2 from Caa1.

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  8. Newsletter 401 - 10/11/2023

    Newsletters

    from 46 pct for Alpha Bank, close to 60 pct for Piraeus and 55 pct for Eurobank. The latest set of results built on the positive momentum in the sector, which started a few weeks ago with Eurobank’s... lenders continue to be expansive in their business plans in the region after Eurobank grew its stake

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  9. How Greek banks could cut 2014 financing gap with a bond rollover
    Photo by Can Esenbel [www.mundanepleasure.com]

    Economy

    billion euros, of which 940 million in Alpha Bank, 1.26 billion in Eurobank (including the recently... and 1.8 percent respectively), while National and Eurobank (2.5 and 3.2 percent) at the high end. From

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  10. Fraud probe at Hellenic Postbank a sign of bigger things to come?

    PoliticsGreek Politics

    into liquidation. At a later stage, in mid July 2013, Eurobank acquired from HFSF 100 percent stake in New Hellenic Postbank for a total consideration of 681 million euros in Eurobank shares paid to HFSF. Those

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