Search
-
Greek banks’ loan quality is deteriorating
Economyor even slowdown in NPL formation in the fourth quarter of 2014, the deterioration of the asset... billion increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole... of December. The group NPL ratio (NPLs over gross loans) climbed by more than 1.5 percentage points to 32.2
13% -
Greece and lenders seen making progress on privatisation fund but not on NPLs
EconomyProgrammeof the liberalisation non-performing loans (NPL) yesterday’s meeting between the Economy Minister... reached on the taxation of NPL management companies and loan write-offs. The government has proposed the exemption from NPL sales of loans to SMEs (above 500,000 euros), to the self-employed (above
13% -
Alpha, Eurobank sign agreement with KKR for management of NPLs
EconomyBankingGreek corporates into a platform managed by Pillarstone. The non-performing loan (NPL) portfolio... could soon sign similar agreements with KKR for the management of part of their NPL portfolios... in a notable rise in the NPL coverage ratio from 58.8 percent in 2014 to 68.1 percent in 2015. However
13% -
Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingquality front, a significant deceleration was posted in the non-performing loan (NPL) formation to just 42 million in Q1 from 235 million in the previous quarter. This mainly reflected a negative NPL... business loans. As a result, the NPL ratio edged down to 34.8 percent in Q1 from 35.2 percent in Q4
13% -
BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomy, with the non-performing loan (NPL) ratio increasing by almost 2 percentage points in the course.... The respective NPL ratio for housing loans stood at 31.5 percent (from 28.6 percent) and for corporate... exposure (NPE) ratio increased at a higher pace compared to the NPL ratio rising by more than 4 percentage
13% -
Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingcorresponding to 22.5 percent of gross loans. Moving on the asset quality front, the non-performing loan (NPL... and 22 million in housing loans. As the result, the NPL stock was reduced accordingly to 17.7 billion at the end of Q2. The NPL ratio edged down by 10 bps to 34.7 percent, while it slightly rose by 10 bps
13% -
Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingreported Q3 results, Alpha showed improving trends in the non-performing loan (NPL) formation, which... displayed the NPL formation in the corporate sector remained almost stable quarter on quarter (QoQ) at 108... million. In contrast, the NPL formation in the consumer credit sector remained negative for the third
13% -
Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingThe bank reported a negative non-performing loan (NPL) formation of -225 million in Q4 compared..., the NPL stock slipped to 23 billion from 23.3 billion in Q3, while the NPL ratio eased to 38.1 percent in Q4 from 38.3 percent in Q3. In addition, the NPL coverage ratio improved to 69 percent from 68
13% -
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingalmost equally split between write-offs, liquidation and curing. Domestic non-performing loan (NPL... already included within the NPE perimeter. NPL formation in housing loans stood at 145 million.... In contrast, NPL formation in the corporate sector remained negative for the second successive quarter
13% -
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
13%