Search
-
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingat 49 percent. Non-performing loan (NPL) formation in Greece stayed negative for the second straight.... The negative NPL formation in Q1 is probably attributed to write-offs. The most significant negative movement resulted from the business portfolio (-96 million), while mortgages and consumer credit NPL
7% -
NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingwas unchanged QoQ at 60.2 percent. At the same time, domestic non-performing loan (NPL) formation dropped... formation in mortgages (+14 million). This brought NPL stock to 11.5 billion in Q2, leaving a reduction... NPL ratio to stand at 30.5 percent in Q2 from 31 percent in Q1. The group NPL coverage ratio came
7% -
Banks focus on reducing NPLs linked to property
EconomyMacroeconomyNPL reduction targets, as well as the new framework for the protection of primary residences. As banks put sales rather than write-offs at the forefront of their NPL reduction strategy, real estate.... This week, Eurobank launched a property NPL securitisation portfolio code named ‘Pillar’. According
7% -
Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingA major NPL deal moved closer towards realisation yesterday when Piraeus Bank announced that it had... will be the largest NPL management company in Greece. In their recently released first quarter (Q1... is on target to meet its 2019 NPE reduction target of 3.5 billion. The NPL stock edged down slightly by 70
7% -
Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingbillion euros. By segment, NPL formation in the wholesale segment increased by 110 million euros... securitisation, NPL formation in the wholesale segment will drop by 1.64 billion euros and by a further 57 million euros in the retail segment. Within retail NPL formation declined in all three sectors
7% -
Mitsotakis heads to Washington with defence, energy and investment at top of agenda
PoliticsForeign Policythat is taking place during a crucial time due to geopolitical challenges generated by the war in Ukraine... that at such a critical moment for global security due to the unpredictable nature of the war in Ukraine... the consequences and challenges of the war. But Mitsotakis is expected to highlight the challenges posed
7% -
Newsletter 497 - 06/03/2026
into entanglement. Meanwhile, the country’s economic and geopolitical vulnerabilities are suddenly exposed by a war... support for Cyprus, not participation in the war. But the shift was unmistakable: Greece was now... guardrails. Statements from President Donald Trump about a possible five‑week war and even US ground troops
6% -
Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept
EconomyMacroeconomyalso disclosed today the evolution of Greek banks’ non-performing loan (NPL) ratio, which jumped... to an accelerated NPL formation (i.e. rate of increase) to 1.9 percentage points in the third quarter from 1.5... points in their NPL ratio in the third quarter. The consumer credit ratio now stands at 45.8
6% -
Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyis the evolution of their non-performing loan (NPL) ratio, which soared to 31.2 percent at the end of September from 29.3 percent at the end of June 2013. More importantly, the NPL formation (i.e. rate... quarter, according to BoG latest data. As expected, the consumer credit sector excels with its NPL
6% -
European Commission review of Greek programme: The key points
EconomyProgrammespecific timetable. Banks Greek banks’ non-performing loans (NPL) continue to rise, yet the rate of new delinquencies has moderated. The NPL ratio jumped to 33.1 percent at the end of December from 25.5... to monitor banks’ progress in reducing their large NPL. Furthermore, Greek authorities will improve
6%