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  1. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    , has attracted strong interest. The first two phases were completed in March and binding offers

    8%
  2. Piraeus enters agreement for sale of 2.2 bln loan portfolio
    Image via www.piraeusbankgroup.com

    EconomyBanking

    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 of a loan portfolio. The portfolio concerns the sale of a non-serviced unsecured consumer loans and credit

    8%
  3. Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
    Image via www.alpha.gr

    EconomyBanking

    announced that it had entered into a binding agreement with Hoist Finance AB for the disposal

    8%
  4. Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform

    EconomyProgramme

    and private investors. This involvement would take place on a voluntary, informal, non-binding, temporary

    8%
  5. Piraeus eyes major NPE deal as banks remain focused on bad loans
    Photo by MacroPolis

    EconomyMacroeconomy

    the two contenders, submitted non-binding bids which are being evaluated by Piraeus Bank. The preferred

    8%
  6. Newsletter 189 -11/01/2018

    Newsletters

    consortium, allegedly the two contenders, submitted non-binding bids which are being evaluated

    8%
  7. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    strong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding

    8%
  8. EastMed pipeline close to high-level agreement, but still a long way from becoming reality
    Photo via Flickr https://flic.kr/p/VWenrM

    EconomyFeatures

    change mitigation remains strong, with the EU parliament recently voting for a legally binding target

    8%
  9. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    a close eye on the progress being made with privatisations. Binding offers are due to be submitted

    8%
  10. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    of this year. Non-binding offers have also been received for Project Mirror, an unsecured portfolio

    8%