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BoG sees ample capital space for banks to sell bad loans
EconomyBankingof provisions and total coverage ratio including collaterals. The study’s objective is to assess.... The analysis finds that in scenario 1, Greek lenders can sell the entirety of the consumer loan..., in scenarios 2 and 3, Greek lenders can sell more than 75 percent of portfolios in scope, i.e. 27.1
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingof declines, bringing the total to 11.1 billion euros. The NPL ratio came to 25.9 percent from 29 percent... euros. In H1, a total of 1,487 property auctions were noted with 29 percent conducted, 38 percent... 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesto data from Eurostat, tracking the growth of new businesses in 2017. The data showed that the total... generated by these newly created enterprises came to 2.4 percent of total employment in the EU in 2017... percent). New businesses as a percentage of total active businesses was the lowest of all EU 27
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBanking) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY... securitizations, with 7 billion total gross book value, in Q2, further decreasing the NPE stock of the Group. Pro.... Balance Sheet Customer deposits grew to 50.4 billion euros in Q1, a rise of 8 percent YoY and 2
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BoG sees banks on right path, warns impact of pandemic not visible yet
EconomyBanking, Common Equity Tier 1 dropped to 12.5 pct, from 15 pct in the end of last year. The total capital ratio... categories of stages 2 and 3 represent 13 and 20 pct of loans respectively. The low quality... into consideration the impact of IFRS 9, then DTCs are 71.5 pct of total prudential funds. BoG has been
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Newsletter 410 - 02/02/2024
it was in the range of 10 pct of GDP and represented more than 40 pct of total investment in the same period... of GDP in 2017. Meanwhile, housing dropped to just 5.2 pct of total investment in the same year... Airbnb, leading to a total shortage of properties by 212,000. With such a market imbalance it begs
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Newsletter 445 - 13/12/2024
to 20 pct who back New Democracy. The left-wing space is very crowded as there are a total of four... Konstantopoulou’s Course of Freedom garners 4.4 pct, Yanis Varoufakis’s MERa25 2 pct and New Left, formed by the first group of MPs to leave SYRIZA last year, just 1 pct. Kasselakis’s party is polling at 4.5
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Newsletter 451 - 14/02/2025
billion euros, reaching 2.4 bn, equivalent to around 1 pct of Greek GDP. The balance shows a small surplus in Greece's favour of around 204 million euros, as imports from the US were just under 2... exports have had a difficult time in recent years, as total exports continued to decline, falling
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Does new troika visit spell fresh drama for Greece? Maybe not
Economyof 1 billion euros. Troika inspectors will check whether 12,500 civil servants have been placed... disbursements/financing schedule, the IMF is due to receive a 1 billion repayment of its loans to Greece... euros were used for last year's debt buyback without increasing the total "financial envelope
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DTA may spell new trouble for Greek banks
Agorainto common shares (capital increase) for a total amount resulting from the formula: (DTC over capital) times year’s loss. As an example, if a bank reports a pre-tax loss of 1 billion euros and has a capital base of 10 billion of which 2 billion or 20 percent stems from DTC, then the bank
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