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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeSOCAR, the preferred bidder, withdrew. The total deal was worth 400 million. Its collapse left... stages to go through before the investors can make a binding offer. Privatisations have been one
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Newsletter 142 -1/12/2017
increase on September’s figure of 1.88 billion. Total deposits – which also include the general... to Saudi Arabia due to its role in Yemen. On Thursday, in a non-binding vote, the European Parliament
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking. The total value is 1.6 billion euros, though sources note that in the second phase, the bank can..., has attracted strong interest. The first two phases were completed in March and binding offers
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingbillion compared to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During...Piraeus Bank took another step towards reducing its pile of bad loans when it announced on Monday that it had entered into a binding agreement with APS Investments S.a.r.l. (APS) for the sale
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBanking, with the NPE cash coverage ratio standing at 47 percent, and total NPE coverage at over 100 percent... announced that it had entered into a binding agreement with Hoist Finance AB for the disposal
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomythe best capitalised bank in Greece, with total capital ratio at 19 percent. In a statement... the two contenders, submitted non-binding bids which are being evaluated by Piraeus Bank. The preferred
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Eurobank first to tackle NPL reduction via APS
EconomyBanking. By the end of 2020, a milder reduction of 1.3 billion euros is envisaged, bringing the total to 5.1... and the Cairo securitisation mezzanine note following Eurobank’s call for binding offers from
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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingpercent of its total loan portfolio by the end of this year. As of the latest reporting figures released... is expected to be around 2 billion euros. The process allows potential investors to submit non-binding bids
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingof 47 basis points to the bank’s Total Capital Ratio. Cosmos is a capital neutral transaction... and Mexico transactions respectively. Alpha had reached a binding agreement with Davidson Kempner
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economyfor those under the poverty limit so that the total servicing of their obligations for taxes, bank loans..., total non-performing loans (NPLs) amount to 77 billion euros, of which 42 billion stem from... stood at 38,948 (0.7 percent of total). For this income bracket, total income stood at 5.7 billion
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