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Liquidity and NPL resolution feature prominently in draft deal between Greece and lenders
EconomyProgramme. The BoG will also have to decide on at least five applications for NPL servicing licences... remaining non-regulatory impediments for the development of a dynamic NPL markets. Those actions... summary report on the developments regarding Greek banks’ NPL strategies and targets. BoG has
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Bank recap and NPL management create conundrum in bailout talks
Economydiscussed with lenders is also the creation of a bad bank or an NPL asset management company (AMC... guarantee. The institutions are reportedly proposing any decision on NPL management be delayed until... favour the active NPL management within each bank, the NPL sale to distress funds or the NPL
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Greek banks meet NPE and NPL reduction targets in Q4 2016, mostly on write-offs
EconomyBankingGreek banks met their non-performing exposure (NPE) and non-performing loan (NPL) reduction targets... was reduced to 104.8 billion, a billion lower than target of 105.8 billion, while the NPL pile stood... to a target of 50.5 percent, while the NPL ratio landed at 36.2 percent against a target of 36.4 percent
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From nice story to pulped fiction: Carney delivers reality check on rules-based order
Agoraorder, or disorder, that the world needed, enabling leaders to assess options based on a realistic... “international rules‑based order” was little more than a diplomatic euphemism. It created the illusion... it, it was simply “a nice story.” “We knew the story of the international rules‑based order was partially
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Greece's 2016 diplomatic agenda begins with talks on Cyprus and name issue
PoliticsForeign Policywould probably then issue a resolution in order to address any concerns on either side. It appears... with Gruevski’s governing partner in order to present its ideas on a compromise solution. Ahmeti... of European Affairs Volkan Bozkir, however, appear to be encouraging progress and a final settlement
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million..., with NPE coverage standing at 55.7 percent. At the same time, domestic non-performing loan (NPL) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingpressure in the future once the draft law on SBL NPL settlement is passed. Operating expenses eased... gross loans. The non-performing loan (NPL) ratio remained flat QoQ at 33.6 percent with consumer credit NPL at 41.3 percent, corporate at 34.3 percent and mortgages at 29.7 percent. NPL formation dropped
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Eurobank sells NPL package in attempt to reduce bad debt pile
EconomyBankingof retail NPEs have already been assigned to CEPAL, the first NPL servicer licensed in Greece, while... aims to reduce its parent NPE and NPL stock by 12.3 and 11.6 billion respectively until December 2019... loans with property collaterals. National Bank of Greece has a decent NPL profile with a ratio of 37.3
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingreduction of the existing NPL stock was now of utmost importance. Among the country’s other banks, Alpha... loans. Greece’s four systemic banks have agreed with the ECB/SSM to reduce their NPL ratios below 20 percent. However, even after achieving this Stournaras noted that the NPL ratio in Greece will be five
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It's time to say farewell to TINA politics in Germany
Agoraat the federal level in order to curtail China’s expeditionary capital in sensitive sectors of German industry... the devastating flash floods in the two regions of North-Rhein Westphalia and Rhineland Palatinate
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