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  1. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    from NPE sales. Furthermore, the NPE servicer transaction concluded in October 2019, will further

    2%
  2. APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs

    EconomyBanking

    -‘ and the management of the securitisation has passed on to the servicer, who is independent

    2%
  3. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    management fee paid to the NPE servicer. Excluding the fee, operating expenses are down 16 percent QoQ

    2%
  4. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    to 234 million (-1 percent YoY) including the asset management fee paid to the NPE servicer

    2%
  5. Banks intensify balance-sheet clean up with securitisations, new bonds
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank and Alpha Bank are both moving forward with actions this week to continue strengthening their balance sheets, with the former extending its ongoing partnership with Swedish loan servicer Intrum AB. Piraeus signed a binding agreement with Intrum for the sale of 30 percent

    2%
  6. Banks make steady progress on improving balance sheets via securitisations

    EconomyBanking

    the servicer of the loans but is believed to include 130 staff of NBG with NPE management experience

    2%
  7. Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks

    PoliticsGreek Politics

    on Sunak for his decision. Servicer rules On the domestic agenda, opposition parties have been voicing

    2%
  8. Exports of Goods and Services, Seasonally Adjusted, Services, Constant Prices (2015), EUR million
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    Charts

    2%
  9. Exports of Goods and Services, Seasonally Adjusted, Services, Constant Prices (2015), Year on Year
    No image available

    Charts

    2%
  10. Imports of Goods and Services, Seasonally Adjusted, Services, Constant Prices (2015), EUR million
    No image available

    Charts

    2%