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Newsletter 120 - 26/05/2017
to be reached so that Athens can receive the next loan tranche of around 7 billion euros in order... with funding later. Figures reveal national pension profiles NPL formation turns positive while SMEs.... The release of three core banks’ first-quarter (Q1) results revealed that non-performing loan (NPL
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Greek banks push for return to normality
EconomyBankingthis deadline in order for banks to meet their funding needs with their own collateral once ELA funding... of the year, Greek banks had achieved their NPL reduction targets. Compared to the March 2016 peak, NPEs... of 93.6 billion. NPL stock came to 63.9 billion, landing exactly on target for the quarter
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankinghave to fall to below 10 percent in order for Greek banks to be competitive and in a position... billion. NPL stock stood at 17.36 billion. Piraeus was the only bank in H1 to report that NPLs had... euros. Eurobank had NPE stocks of 14.9 billion and NPL stocks of 11.1 billion. NBG currently has
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingcame to 53.4 percent from 59.2 percent. At the same time, the domestic non-performing loan (NPL) dropped by 600 million euros and stood at 7.5 billion. This led the group NPL ratio to stand at 21.7 percent. The NPL coverage ratio stood at 76.8 percent. Regarding NPL sales, the bank highlighted upcoming
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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... billion, unchanged from Q2 2020. The group NPL ratio stood at 30 percent. The NPL coverage ratio stood... of the transaction. After the Galaxy transaction, Alpha Bank’s NPL ratio in Greece will be down to 13
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For better or worse: Greece's bailout exit deja vu
AgoraAs Greece stands on the cusp of exiting the third, and final, of its painful bailouts, there is a discussion about the terms under which it is exiting and how they compare to the conditions that were on offer the last time the country was close to the M...
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Newsletter 310 - 01/10/2021
PoliticsFull speed ahead for warship, defence deal with FranceGreece believes that it took a significant step this week to upgrading its defence capabilities but also bolstering the country’s geopolitical standing after agreeing to purchase at least thr...
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Newsletter 67 - 18/03/2016
for supplementary pensions by 0.5-1 percentage points, which would still entail pension cuts in order... on the full liberalisation of the non-performing loan (NPL) market. In contrast, the government has proposed SME and self-employed loans below a certain limit be exempted from NPL sales, while also
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Newsletter 87 - 09/09/2016
, administrative) for the development of a dynamic non-performing loan (NPL) market. The fund believes that an effective NPL market would relieve banks’ debt collection burden and collateral foreclosure by boosting NPL recovery values and leveraging external financing and expertise. The Bank
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgramme. The latter is targeted to reform benefits and generate savings of 0.5 percent annually. NPL resolution There are two prior actions related to NPL resolution. The first relates to the amendment... NPL resolution for corporate and sole proprietors that would concern the total number of companies
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