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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingin H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... balance sheets with the total currently standing at 26.1 billion. NPL stock stood at 17.36 billion... and NPL stocks of 11.1 billion. NBG currently has the smallest amount of bad loans on its books
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBanking. On the asset quality front, the Greek non-performing loan (NPL) ratio picked up in July due... in Q2. For the group, NPL also peaked to 26 percent in Q3 from 24.6 percent in Q2 with the coverage ratio easing to 71.8 percent in Q3. The most marked increase in NPL formation was recorded
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingthat in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction... to be formally submitted for NPL reduction targets between 2019-2021, a separate category has been... end up with banks. But to meet NPL reduction targets, the spectre of stepping up property auctions
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBanking) of the year, Greece’s four systemic banks had met their NPL reduction targets. Excluding off-balance... that sales had overtaken write-offs as the main method of NPL reduction. Other factors It has been noted...’s four systemic banks are expected to officially announce their new NPE and NPL targets
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingwas the significant acceleration in the non-performing loan (NPL) formation, which jumped threefold..., where NPL formation reached 327 million versus almost zero in Q2. Deposits fell 0.7 percent quarter
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeimpact on banks’ liquidity and macroeconomic stability. A secondary NPL market is regarded as being... 22 billion euros in the NPL reduction effort. The sMoU builds on the already established process
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingthe transaction on October 1, 2019. The end result will be the largest NPL management company... Europe, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingstock on its balance sheets with the total currently standing at 26.1 billion. NPL stock stood... in the first half of next year. Another two NPL securitisations are in the works with a value of 1
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Macroeconomic fundamentals for Greece
Agora) comprises two groups: the employed (L) and the unemployed (U): LF = L + U. The unemployment rate..., we can calculate how many units of labor (L) Greece can deliver in the economy (Figure 4... growth. Real GDP (Q) is the product of two variables, the number of persons working in the economy (L
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Newsletter 493 - 06/02/2026
that underpins many Greek NPL transactions. Securitisation business plans depend on projected cash flows... should be calculated on loans restructured under the legacy Katseli Law. The Katseli Law (L. 3869/2010
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