Search
-
Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingsecuritisations, which it says will decrease its ratio of non-performing exposures (NPEs) to single... milestones that set the foundations of the next day for Piraeus Bank.” “We are taking another major step
20% -
Piraeus Bank raises 1.38 bln in share capital increase
EconomyBankingPiraeus Bank completed its 1.38 billion euros share capital increase, pricing its new shares at the top of its initial price offer range. Following a three-day book-building process, Piraeus set... of loan securitisations to reduce the its ratio of non-performing exposures to single digits
20% -
FinMin sees favourable macro environment from next year, boosted by RRF
EconomyMacroeconomy. The government has set out five main objectives over the next couple of years with the primary goal being... bad loans in the banking system to single digits next year is the other objective, which is in line
20% -
Newsletter 300 - 11/06/2021
gain traction on the basis of its stance, it could set the template for future confrontations... euros, bringing the total size of the issue to 6 billion euros, the largest single security of the Greek
20% -
Alpha Bank buoyed by 800-mln-euro share capital raise
EconomyBankingAlpha Bank announced on Friday the successful completion of its 800-million-euro share capital raise, following a three-day book building process, with the price set at 1 euro per share... the extension of the Hercules APS that intends to bring NPEs down to single digits by the end of 2022
20% -
University exam results stir political differences as entrance numbers drop
PoliticsGreek Politicsdecision to allow the universities to set the minimum entrance requirements was vindicated. The raising... of the number of applications to public technical colleges, which were included in a single tertiary
20% -
Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
EconomyBankingthe previous government, which set out the framework for a distressed debt market and the Hercules APS... for another year and half, and banks intend to use it to bring their NPE ratios down to single digits
20% -
Banks moving at pace on road to recovery
EconomyBankingquarters, leading to single digit NPEs by the end of 2022. These developments have not gone unnoticed... the criteria of Minimum Requirement of Eligible Liabilities (MREL) set by the Supervisory Board of the ECB
20% -
Beyond conspiracy theories: How mismanagement shaped vaccination in Albania
Agoramore limited extent, AstraZeneca) have been set aside for “priority groups,” i.e., health workers... rates dropping in the single digits, by the end of July (after a record number of visitors had entered
20% -
Newsletter 312 - 15/10/2021
for those affected. An initial amount of 20 million euros was set aside for this purpose. The latest... securitisation to follow and will bring NPEs to single digits. The portfolio includes 190,000 loans, 77 pct
20%