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Newsletter 143
percent in exports of goods and services, thanks to a strong tourism season, offsetting reductions... the target of 99.9 billion. NPL stock was down against the target by 89 million. The NPE ratio stood... percent in exports of goods and services, thanks to a very strong tourism season. Compared to the same
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Newsletter 241 - 28/02/2020
NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements... positive, with strong signals from business and consumer sentiment that support the growth
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Newsletter 273 -13/11/2020
. Moody's upgrades Greece to 'Ba3' Bridge scheme activated as banks look to avoid second-wave NPL increase... strong actions to deal with the weak quality of the balance sheets. The agency outlines..., with the economy contracting by 9 pct, however the agency anticipates a strong recovery in 2021 and even
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Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek Politicsthe government’s plans for the banking section, which include a target to reduce NPL ratios to single digits... strong, they face no realistic threat in the vote which is traditionally perceived as a vote... down on some of its holiday lockdown measures in the face of strong opposition from the Church
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Assessing the health of Greek banks' loan portfolios
EconomyBankingshow that the non-performing loan (NPL) ratio reached 33.8 percent at the end of 2014, revealing a material deceleration in the NPL formation during the course of 2014. In particular, the NPL ratio... classified as NPL last year, while housing NPL ratio was the lowest slightly below the 29-percent
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammethe draft bill stresses that a secondary NPL market will be created with positive consequences... that would acquire the NPL would do so at a price much lower than its nominal value. This means it could... for the bank that originally held the loan. According to the multi-bill, a loan is classified as NPL
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agoracorresponded to almost a quarter of gross loans from a fifth a year ago. The non-performing loan (NPL..., the NPL ratio increased by 2.4 percentage points (pp) to 36.4 percent. Despite the NPL rise, the sharper increase in provisions led to the NPL coverage ratio improving by more than 9 pp to 68.1 percent
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingthe NPE formation stood at at -73 and -60 million euros respectively. In contrast, NPL formation stayed... down by 41 percent from the Q1 figure of 154 million. The NPL stock was reduced by almost 200 million QoQ to 17.3 billion on write-offs with the NPL ratio slipping to 34.6 percent in Q2 from 34.8
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingstock to 13.1 billion in 2019. The bank notes that once the 2019 targets are achieved, NPL and NPE...-performing loan (NPL) formation dropped by 311 million, reversing the positive formation of 66 million...). NBG noted that the improved results in NPL formation reflected its strategy of accelerated
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingloans, with NPE formation of -3 million. A rise of 1 million had been noted in Q3. NPL formation also... formation of 31 million in Q3. The NPL stock stood at around 13.2 billion in Q4 with the NPL ratio slipping to 29.3 percent in Q4 versus 30.9 percent. The NPL coverage ratio declined to 67.2 percent in Q4
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