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  1. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    , has attracted strong interest. The first two phases were completed in March and binding offers

    2%

  2. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Piraeus Bank took another step towards reducing its pile of bad loans when it announced on Monday that it had entered into a binding agreement with APS Investments S.a.r.l. (APS) for the sale of a loan portfolio. The portfolio concerns the sale of a non-serviced unsecured consumer loans and credit

    2%

  3. Equivocal Macedonia name referendum leaves Athens hanging on as views differ

    PoliticsGreek Politics

    constitution, although that level is for binding votes. The defence minister suggested that he had been

    2%

  4. Moments to remember from the euro crisis
    Photo by MacroPolis

    Agora

    intervention was a way of binding the Italian government to a certain policy path, assuaging concerns

    2%

  5. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    announced that it had entered into a binding agreement with Hoist Finance AB for the disposal

    2%

  6. Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform

    EconomyProgramme

    and private investors. This involvement would take place on a voluntary, informal, non-binding, temporary

    2%

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

    EconomyBanking

    of this year. Non-binding offers have also been received for Project Mirror, an unsecured portfolio

    2%

  8. Primary surplus target still on lenders' agenda despite snap elections
    Photo by MacroPolis

    EconomyProgramme

    on Monday that it is pushing back from May 28 the deadline for binding bids to be submitted for its

    2%

  9. Eurobank’s NPL sales take major step with two transactions
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing residential mortgage loans. The portfolio carries a gross book value of 2 billion euros and has been code

    2%

  10. Banks enter final quarter with high hopes for bad loan reduction while challenges remain

    EconomyBanking

    by the bank. Binding offers for the portfolio are expected before December 16. Alpha Bank also reported last

    2%