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  1. Newsletter 220 -20/09/2019

    Newsletters

    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

    5%
  2. Athens looks to overcome APS snags as it awaits green light from Brussels
    Photo by MacroPolis

    EconomyBanking

    and the eurozone, he did not comment publicly on the government’s efforts to tackle the NPL challenge

    5%
  3. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    extended to non-NPL customers. All of the bank’s business customers had been contacted to assess impact

    5%
  4. Property e-auctions resume after pandemic hiatus as banks focus on NPLs
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyBanking

    had been falling. In July, the Bank of Greece said that NPL stock at the end of 2019 came to 68.5

    5%
  5. Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches

    PoliticsGreek Politics

    the government’s plans for the banking section, which include a target to reduce NPL ratios to single digits

    5%
  6. Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
    Photo by MacroPolis

    EconomyBanking

    quarter -- Alpha’s NPE and NPL ratios will drop to 24 percent and 13 percent respectively, from 43

    5%
  7. DBRS ups Greece's rating one notch further into investment grade

    Economy

    have improved resilience, with nonperforming loan (NPL) ratios near the EU average and deferred tax

    5%
  8. Fitch rating upgrade concludes another successful year for GGBs

    Economy

    liability for the state. Public guarantees under the Hercules NPL-reduction scheme add a further 18

    5%
  9. Landmark Katseli Law ruling hits lenders, eases borrower burden
    Photo by MacroPolis

    EconomyBanking

    Greek NPL transactions. Securitisation business plans depend on projected cash flows; a material share

    5%
  10. BoG sees Greek growth resilience, highlights global risks
    Photo by MacroPolis

    EconomyMacroeconomy

    % decrease from December 2024. The NPL ratio stood at 3.3% in December 2025 (down from 3.8% in 2024

    5%