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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingin Q3 from 31.8 percent in Q2. Out of the total NPLs of 17.1 billion, corporate NPLs amount to 6.3 billion (33 percent of total), mortgages to 4 billion (21.7 percent), small business loans (SBL) to 3.7 billion (50.5 percent) and consumer credit NPLs to 3.1 billion (44.6 percent of total). NPL
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Newsletter 19 - 13/03/2015
of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February... 63 percent of the total, compared to just 6 percent in January and zero in May 2014. The absolute..., this corresponds to an additional burden of more than 700 million on an annual basis. Those two costs total 1.7
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomya total of unpaid tax obligations of 76 billion euros. The MoF has identified that around 9 billion or 12 percent of this total is collectable. Of the total accumulated amount, around 35 billion.... In particular, for upfront payment the amount of penalties and surcharges is eliminated, for 2 to 5
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Newsletter 23 - 17/04/2015
increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole of 2014... billion in total, which is the highest reading since January 2013. The rise is due to an increase in emergency liquidity assistance (ELA), which reached a total of 68.51 billion. This is the highest it has
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Greek QE eligibility? We're not there yet
Agorabe affected include state-guaranteed banks (pillar III) bonds of 8 billion euros, GGBs of around 5 billion and T-Bills of 3.5 billion. The total amount stands at 16.5 billion euros (face value), while...) and the Agreement on Net Financial Assets (ANFA) respectively, held a total of 27.18 billion euros
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Greek banks on cusp of improved liquidity conditions
Agorameans that a total nominal value of 9.3 billion euros of Greek government securities, currently used... calls for Q1 2016 results, banks guided on their capacity to use TLTRO-II, which stands to a total... in TLTRO-II collateral pool. In the course of Q2, Greek banks sold a total of 3.25 billion EFSF
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Newsletter 82 - 15/07/2016
, the IMF foresees the share of employed between 55 and 64 years old in the total labour force... the current monthly limit for dismissals from 5 to 10 percent. Speaking in Parliament on Monday, the Bank... to revenue collection. This means the total stock of tax debt reached almost 89 billion euros
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agoramillion, involved corporate loans. As a result, the total stock of the four banks’ NPLs edged down... of the targeted NPE decrease will stem from collateral liquidation and loan sales, corresponding to 7 and 5 percent of the total NPE reduction respectively Core revenues On the core revenue front, net interest
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingthe NPE mix with retail loans making up 55 percent of total NPEs, the bank said that the retail NPE... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... total costs to stand below 1 billion for the whole year, from 750 million in the 9-month period. Over
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Newsletter 104 - 27/01/2017
surplus of 4.44 billion in 2016 The short-term debt relief measures endorsed by the December 5 Eurogroup... climbed to 17.54 billion, an increase of 14.2 percent or 2.19 billion in 2016. Of the total overdue stock, 12.62 billion (72 percent of the total) involves basic SSC contributions and the remaining 4.92
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