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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomyand profitability is the evolution of Greek banks’ non-performing loan (NPL) ratio, which jumped to 29.3.... Although the NPL formation shows a decelerating trend thereafter, the absolute figure is set to continue increasing. According to bank sources, NPL ratio rose close to 32 percent at the end of December
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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBanking-performing loan (NPL) ratio rose by 50 bps QoQ to 23 percent with the rate of the Greek NPL accelerating to 100 bps in Q1 from 30bps in Q4. Management noted that a similar trend is also evident in Q2. NPL
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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBankingcost savings of circa 100 million on an annualised basis. The non-performing loan (NPL) ratio rose to 33.3 percent from 32.7 percent in Q4. After a temporary break in Q4, the NPL formation resumed..., the NPL coverage further increased to 56 percent from 54 percent in Q4 and 51 percent in Q3
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBanking-performing loan (NPL) ratio rose at a decelerating trend to 33.6 percent in Q2 from 33.3 percent in Q1. NPL formation fell to 158 million euros in Q2, which is the second lowest reading in the past 8 quarters, after a negative 352 million posted in Q4 2013. At the same time, the NPL coverage rose
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingan exceptionally high 79 percent last year. The non-performing loan (NPL) ratio rose at a decelerating trend to 23.2 percent in Q2 from 23 percent in Q1 and 22.5 percent in Q4. This reflects a drop in NPL formation... million in Q1. In the Greek market, the NPL ratio rose by 90 bps almost stable QoQ to 29.3 percent
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme, we understand that pension measures and NPL resolution will be among the key priorities. Pensions... on the NPL issue has now turned to the management of the huge NPL stock that currently stands
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyof a secondary NPL market, the speeding-up of judicial procedures and the streamlining of the real estate collateral liquidation process are expected to contribute to a gradual drop in current NPL ratio. Overall, banks would be required to substantially reduce their NPL stock within the next two years. 2
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Newsletter 67 - 18/03/2016
on the full liberalisation of the non-performing loan (NPL) market. In contrast, the government has proposed SME and self-employed loans below a certain limit be exempted from NPL sales, while also... offset an increase in operating costs. On the asset quality front, the non-performing loan (NPL
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HFSF General Council appoints interim CEO and Deputy CEO
EconomyBanking, the Finance and Economy ministries and the Bank of Greece a study including a non-performing loan (NPL... of obstacles for large corporate NPL restructuring, suggestion for a coordination framework among banks..., HFSF has to facilitate and assist the NPL resolution and coordination of stakeholders, to enhance
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Newsletter 87 - 09/09/2016
, administrative) for the development of a dynamic non-performing loan (NPL) market. The fund believes that an effective NPL market would relieve banks’ debt collection burden and collateral foreclosure by boosting NPL recovery values and leveraging external financing and expertise. The Bank
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