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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingcorresponds to 18.8 percent of gross loans from 14.7 percent in 2013. The non-performing loan (NPL) ratio rose slightly to 33.4 percent in Q4 from 33 percent in Q3 with the NPL formation remaining stable QoQ. This reflects higher NPL formation in the mortgage and corporate sectors fully offset
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingin Turkey and the SEE, while Greek NPL ratio deteriorated by 0.3 pp to 31.9 percent. NBG’s group NPL ratio remains the lowest among its domestic peers. NPL formation was down 23 percent QoQ with an improvement across all geographical areas. In the Greek market, NPL formation fell 14 percent QoQ entirely
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomypercent in Q4. The non-performing loan (NPL) ratio rose to 34 percent in Q1 from 33.4 percent in Q4... an improvement QoQ. In absolute terms, NPLs reached 18 billion in Q1. The bank noted the NPL formation.... This was particularly in the housing and small business loan sectors. The management expects the NPL ratio
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingto 21.2 percent from 21 percent in Q4. NPLs The non-performing loan (NPL) ratio resumed an upward trend... in Greece. NPL formation in Q1 stood at 554 million euros, which is double the Q4 2014 figure and similar... sector, while housing NPL halved QoQ. The NPL cash coverage rose for yet another quarter reaching 63
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingterms, LLRs reached 11 billion in Q1. NPLs NBG showed a stable non-performing ratio (NPL) at 24.3.... In the Greek market, the NPL ratio edged up to 32 percent in Q1 from 31.9 percent in Q4. NPL formation..., while corporate NPL formation surprisingly improved QoQ. The coverage ratio slightly increased to 61
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgramme) and an assessment of banks’ capacity to deal with each NPL segment. Moreover, a working group... to accelerate NPL resolution, also including removal of unnecessary legal or other impediments to NPL servicing and disposal. In November, the government is also due to: 1) Strengthen
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Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingin the corporate lending sector with the non-performing loan (NPL) formation increasing to 275 million in Q1 from 214 million euros in Q4. In Greece, corporate NPL formation rose to 223 million in Q1 from 127... classified as non-performing exposures (NPEs). As a result, the NPL ratio edged up to 37.4 percent
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingloan (NPL) formation turned positive to 154 million in Q1 for the first time since Q1 2016. The bank... (22 million and 17 million, respectively). A negative NPL formation of -8 million was recorded only in SBLs. Overall, the NPL stock edged down to 17.5 billion due to write-offs, while the NPL ratio
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking-performing loan (NPL) formation turned negative (-52 million) in Q2 from a positive figure of 137... in mortgages (25 million) and small business loans (17 million). As a result, the group NPL ratio marginally improved to 33.8 percent in Q2 from 33.9 percent in Q1, while the NPL coverage ratio stayed flat
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Banks focus on defining challenge of reducing NPEs
EconomyBankingthe NPE balance to under 20 billion euros by 2020, and the NPL balance to under 10 billion euros... undertaken by CEPAL Hellas Financial Services, which is the first NPL servicer licensed in Greece. NBG is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
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