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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingto 21.2 percent from 21 percent in Q4. NPLs The non-performing loan (NPL) ratio resumed an upward trend... in Greece. NPL formation in Q1 stood at 554 million euros, which is double the Q4 2014 figure and similar... sector, while housing NPL halved QoQ. The NPL cash coverage rose for yet another quarter reaching 63
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingterms, LLRs reached 11 billion in Q1. NPLs NBG showed a stable non-performing ratio (NPL) at 24.3.... In the Greek market, the NPL ratio edged up to 32 percent in Q1 from 31.9 percent in Q4. NPL formation..., while corporate NPL formation surprisingly improved QoQ. The coverage ratio slightly increased to 61
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgramme) and an assessment of banks’ capacity to deal with each NPL segment. Moreover, a working group... to accelerate NPL resolution, also including removal of unnecessary legal or other impediments to NPL servicing and disposal. In November, the government is also due to: 1) Strengthen
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Newsletter 75 - 27/05/2016
of prior actions. For the first tranche, these relate to the correction to the legislation on NPL... the exceptionally high figure booked in Q4. The bank also reported a negative NPL formation... bonds and reduced operating expenses. The NPL formation increased in Greece largely due to three
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Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingin the corporate lending sector with the non-performing loan (NPL) formation increasing to 275 million in Q1 from 214 million euros in Q4. In Greece, corporate NPL formation rose to 223 million in Q1 from 127... classified as non-performing exposures (NPEs). As a result, the NPL ratio edged up to 37.4 percent
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingloan (NPL) formation turned positive to 154 million in Q1 for the first time since Q1 2016. The bank... (22 million and 17 million, respectively). A negative NPL formation of -8 million was recorded only in SBLs. Overall, the NPL stock edged down to 17.5 billion due to write-offs, while the NPL ratio
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Newsletter 120 - 26/05/2017
with funding later. Figures reveal national pension profiles NPL formation turns positive while SMEs.... The release of three core banks’ first-quarter (Q1) results revealed that non-performing loan (NPL... programme review. Despite negative NPL movement, NPE and NPL stocks were reduced, largely due to write
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking-performing loan (NPL) formation turned negative (-52 million) in Q2 from a positive figure of 137... in mortgages (25 million) and small business loans (17 million). As a result, the group NPL ratio marginally improved to 33.8 percent in Q2 from 33.9 percent in Q1, while the NPL coverage ratio stayed flat
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Banks focus on defining challenge of reducing NPEs
EconomyBankingthe NPE balance to under 20 billion euros by 2020, and the NPL balance to under 10 billion euros... undertaken by CEPAL Hellas Financial Services, which is the first NPL servicer licensed in Greece. NBG is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
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Greek banks push for return to normality
EconomyBankingof the year, Greek banks had achieved their NPL reduction targets. Compared to the March 2016 peak, NPEs... of 93.6 billion. NPL stock came to 63.9 billion, landing exactly on target for the quarter...) in September, Greek banks will step up portfolio sale activity and other NPL reduction methods, reducing
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