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Newsletter 220 -20/09/2019
Looking for next steps forward Fourth post-MoU review underway, early IMF payment, NPL plans submitted The fourth review of the enhanced surveillance period began this week, with the institutions’ mission chiefs due in Athens on Monday Greece also submitted an official request this week to pre-pay
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingand the eurozone, he did not comment publicly on the government’s efforts to tackle the NPL challenge
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingextended to non-NPL customers. All of the bank’s business customers had been contacted to assess impact
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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
EconomyBankinghad been falling. In July, the Bank of Greece said that NPL stock at the end of 2019 came to 68.5
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Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek Politicsthe government’s plans for the banking section, which include a target to reduce NPL ratios to single digits
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Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBankingquarter -- Alpha’s NPE and NPL ratios will drop to 24 percent and 13 percent respectively, from 43
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DBRS ups Greece's rating one notch further into investment grade
Economyhave improved resilience, with nonperforming loan (NPL) ratios near the EU average and deferred tax
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Fitch rating upgrade concludes another successful year for GGBs
Economyliability for the state. Public guarantees under the Hercules NPL-reduction scheme add a further 18
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingGreek NPL transactions. Securitisation business plans depend on projected cash flows; a material share
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BoG sees Greek growth resilience, highlights global risks
EconomyMacroeconomy% decrease from December 2024. The NPL ratio stood at 3.3% in December 2025 (down from 3.8% in 2024
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