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Newsletter 140 -17/11/2017
percent). Apartment prices fall by 0.6 in Q3 Compared to the previous quarter, apartment prices contracted... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices... to pose a challenge on several fronts. The drop in the nominal value of apartments in Greece eased
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Newsletter 166 -15/06/2018
to the permits rose by 11.8 percent while volume rose by 4.2 percent. Apartment prices fall by 0.1 pct.... The latest figure marks three continuous quarters during which the drop in apartment prices has remained under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomy(NPL) ratio rose to 34.1 percent at the end of June from 31.9 percent at the end of 2013 indicating a slight slowdown in the NPL formation within the first half of the year. The NPL breakdown by sector displayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from
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Management of NPLs to test gov't in negotiations with lenders
Economyto reach an accord with the institutions on a non-performing loan (NPL) strategy. This is among... for non-bank NPL service providers and for loans to be transferred from the beginning of 2016... of the first programme review. Among the other topics including in the NPL prior actions, we highlight: 1
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Deadline for liberalisation of household and SME NPLs looms closer
Economyprogramme review is the full liberalisation of the non-performing loan (NPL) market. Although... for the disbursement of the last sub-tranche of 1 billion euros. Until February 15 only NPL sales of large... and regulation of non-bank NPL services providers. These entities must be based in Greece or in the EU
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingloan (NPL) ratio edged up to 35.2 percent in Q4 from 35 percent in Q3 with the NPL formation... NPL formation notably fell, while that for mortgages remained stable QoQ. The NPL coverage ratio was kept almost unchanged at 64.8 percent. The management noted that the NPL formation in the first two
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBanking, while 0.3 billion stem from the coverage increase. The non-performing loan (NPL) ratio edged up.... The NPL formation more than halved to 214 million in Q4 from 520 million in Q3. At the same time, the NPL coverage ratio was further upped to 69 percent in Q4 from 67 percent in Q3 and remains
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingthe asset quality, with the non-performing loan (NPL) formation markedly reduced to 80 million in Q4... portfolios. In contrast, business loan NPL formation rose to 222 million in Q4 from 174 million in Q3 largely due to a large ticket of 140 million in Q4. NPLs As a result, the NPL ratio fell to 39.5
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBanking. Bad loans On the asset quality front, Piraeus reported a negative non-performing loan (NPL) formation... for the third successive quarter. Specifically, NPL formation stood at -207 million in Q2 and also... NPL formation of 245 million. The breakdown showed all lending segments had a negative contribution
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBanking-performing loan (NPL) formation for the third successive quarter with Q3 figure at -335 million euros...) and to a lesser extent to mortgages (-41 million), while consumer credit posted a slightly positive NPL formation of 5 million. NPLs As a result, the NPL ratio edged down for the second consecutive quarter
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