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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammegovernment, raising total the debt amortisation figure to 35.9 billion. Another debt-related element... to build-up state deposits. Overall, these five contributors to gross financing needs amount to a total of 90.2 billion, of which debt amortisation makes up 40 percent of the total, bank recapitalisation
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingquarters. As mentioned, the target for NPE stock across the rest of the year is for the total to stand... with a consortium for the sale of non-collateralised and unsecured consumer loans for a total outstanding... to 217 million. Net fee and commission income accounted for 55 basis points of total assets in Q3
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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomy. The total number of permits came to 1,181 and remained above the 1,000-permit mark for 10 straight months... the economic crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total for the year is roughly 84
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingof increasing Piraeus Bank’s total capital ratio by around 90 bps. The issue has been rated Caa3 by Moody’s and CCC by S&P. Bids landed at over twice the asking amount, with a total of 135 investors... euros on Wednesday. In total, bids of over 850 million euros were submitted. On its website, the bank
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingcoverage increased to 44.8 percent. Total coverage stands at 101.7 percent. NPL balances in Greece... at 64 percent, while total coverage including collateral came to 117 percent. Regarding the auctions... percent over total loans, while the NPE ratio will be reduced to 24 percent. P&L NII came to 381.8 million
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Greece in 2014: The risks and opportunities of moving forward
AgoraEstonia took first honours in January 2011. Latvia accounts for 0.2 per cent of total GDP in the euro... in this respect (more than 27 per cent of total official lending to Greece) – the question many ask... households and businesses continue to be anchored on a two-year uninterrupted downward trajectory. The total
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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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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyincrease to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter..., while exports of goods rose by a modest 1.7 percent. Over the past six years, total exports... with the latest forecasts being for total arrivals at 23 million in 2014, implying a 15 percent increase
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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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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammetotal of 50 billion. Half of this amount will be used for the repayment of banks’ recapitalisation... fiscal path or higher privatization proceeds. In addition, restoring market access could lower the total financial envelope. · To address the acute challenges of the Greek banking sector, the total
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