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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingwas the significant acceleration in the non-performing loan (NPL) formation, which jumped threefold..., where NPL formation reached 327 million versus almost zero in Q2. Deposits fell 0.7 percent quarter
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeimpact on banks’ liquidity and macroeconomic stability. A secondary NPL market is regarded as being... 22 billion euros in the NPL reduction effort. The sMoU builds on the already established process
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingthe transaction on October 1, 2019. The end result will be the largest NPL management company... Europe, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns
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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingstock on its balance sheets with the total currently standing at 26.1 billion. NPL stock stood... in the first half of next year. Another two NPL securitisations are in the works with a value of 1
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SYRIZA, PASOK leaders prepare responses to stark choice presented by PM
PoliticsGreek PoliticsInterior Minister Stelios Petsas in a TV interview, when he suggested that Greeks will have to adapt over... this a callous remark and a sign of an out-of-touch administration, while Petsas insisted that his comment
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeon the NPL sale process. Greek authorities and the quadriga have reportedly reached an agreement
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Eurobank’s NPL sales take major step with two transactions
EconomyBankinglicensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns FPS fully
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Eurobank first to tackle NPL reduction via APS
EconomyBankingNPL servicer, Financial Planning Services S.A and management of all of the bank’s NPEs. Both entities
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Newsletter 213 -07/01/2019
that as prime minister Mitsotakis would seek to use part of these funds to back an NPL-reduction plan...) at the end of March this year, the reduction was achieved mostly by write-offs and not active NPL... was achieved mostly by write-offs and not active NPL management. BoG also raises a concern over
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Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results
Agorain 2017 and subsequently become a CAIA® Charterholder in 2018. In 2019 he had also earned the right...® and Certificate in Investment Performance Measurement™ are registered trademarks owned by CFA Institute. CAIA
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