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HFSF study identifies constraints on developing dynamic NPL market
EconomyBankingin the legal framework has led to long backlogs and delays. The volume of both new and accumulated..., such as tax authorities, real estate registries, credit institutions (including access to the deposits’ accounts data), in order to verify the debtor’s net worth. Other legal issues Credit institutions
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Newsletter 93 - 21/10/2016
Greeks give him credit for being stubborn The government continues to try to cultivate expectations...’s lending survey that showed credit standards and demand for both corporate and household loans... revealed that credit standards and demand are expected to remain broadly unchanged QoQ in Q4. Discussions
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBanking) and to a lesser extent to mortgages (-41 million), while consumer credit posted a slightly positive NPL... it slightly fell to 51 percent (from 51.2 percent) in consumer credit. In absolute numbers, the NPL stock..., from 4.7 billion in June, at a cost of -3 bps. Loans and deposits Ongoing deleveraging led gross
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Newsletter 125 -30/06/2017
kind of credit line. This claim will undoubtedly have set off the alarm bells among Greece’s lenders..., the highest reading since the start of the year. This led the consumer confidence indicator to improve... million in the five-month period. Credit contraction accelerates in May The net lending flow turns
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Capital controls to ease further from the beginning of September
EconomyMacroeconomywith credit institutions in Greece, an increase from the current threshold of 30 percent. The procedure... is held with the credit institution. The Ministry of Finance’s decision will also allow companies and individuals to open new sight or deposit accounts with a credit institution through the creation
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How 'clean' can an exit be? Athens snared between Rome and Berlin
Agorato stipulate that Schäuble’s spirit lingers on in the corridors and offices of the SPD-led finance... a precautionary credit line (PCL) to lend support to Greece in a post-programme arrangement. They argue.... The policy makers in Frankfurt have repeatedly argued that a precautionary credit line would help
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Athens aims to wrap up legislation on foreclosures and issue 10-year bond
EconomyProgrammeto issue a 10-year bond this week, capitalising on the credit rating upgrade from Moody’s on Friday. On the primary residences, talks with the country’s lenders appear to have led to the government... Sachs, JP Morgan, Citigroup, BNP Paribas, Credit Suisse and HSBC have been appointed as primary
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economyvia an Enhanced Conditions Credit Line (ECCL) at low interest rates and without any extra conditionality as long as they “commit to use this credit line to support domestic financing of direct... the end of the year, when the programme is currently scheduled to expire. This decision led to Greek
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Newsletter 404 - 01/12/2023
parliamentary group will be made up of two ex-SYRIZA factions: The left-wing “Umbrella” group led... by 145,353 jobs year-on-year. Signals of caution were also evident on the credit expansion front... policy. Credit growth has been steadily slowing down since the recent peak of 6.3 pct in December
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Newsletter 424 - 24/05/2024
into tweaking the Golden Visa scheme in response to the housing crisis. Androulakis also claimed credit... Logikis (Voice of Reason) led by former ND candidate Afroditi Latinopoulou, and Yianis Varoufakis’s MeRA25... to commercial banks, which are meant to hand out credit at favourable terms. Last month, Greece
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