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Compromise emerges on liberalisation of NPL market
EconomyProgrammebased around the value of the property and owners’ incomes. For housing NPLs, the threshold under... value, as used for tax purposes, of 140,000 euros. In terms of income, the maximum threshold
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Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBankingvalue of Pillar II bonds stood at 15.4 billion, with the highest amount held by Eurobank (5.5 billion... of their nominal value. According to the annual financial results of the Bank of Greece (BoG), banks
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Negotiations between Greece and lenders: state of play ahead of Eurogroup meeting
EconomyProgrammein case the property objective value is up to 140,000 euros without any income criteria. This means that mortgages with higher property value as well as all other types of NPLs, that are currently
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Newsletter 73 - 13/05/2016
on primary residences with a property value up to 140,000 euros until the end of 2017..., but the protection offered to those with primary residences that have a taxable value of up to 140,000 euros
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingit is in the process of disposing NPLS with a value of 242 million in Romania (170 million) and Bulgaria (72.... From the ELA eligible collateral pool of 21 billion (cash value), the bulk (15.4 billion) relates
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Newsletter 74 - 20/05/2016
with a property value up to 140,000 euros, which will remain protected until the end of 2017... is a controversial issue. As long as the price differential between the book value at which NPLs
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammepurposes) property value below 140,000 euros as well as all loans guaranteed by the state... a quarterly report including the detailed data on the value of loans and collateral, restructured
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingto loans and other (15 billion), while the cash value of the used pillar II bonds stood at 1 billion... in Q1. In addition, the bank’s tangible book value stood at 7.78 billion at the end of Q1
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Net profit of 87 mln for NBG in Q1
EconomyBankingfunding of 9.6 billion. The bank said that the cash value of Eurosystem eligible collateral stood... II bonds (nominal value) were sharply reduced from their peak of 16 billion in Q3 2015 to 3 billion
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorapoints (bps) to the state on the nominal value of the pledged pillar II bonds. Banks aim to further...) of the four core banks amounted to 28.33 billion euros, while their current market value stands
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