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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingnet interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same... remaining the highest among its domestic peers. Eurosystem The bank noted that 25 percent of deposit outflows since December were sent abroad, while the remaining 75 percent is in cash and short-term
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme-primary residence mortgages is allowed. The second phase includes the remaining NPLs (primary-home... percent are almost fully protected from the new foreclosure law voted in mid-November. For the remaining... and the remaining 50 percent would be evenly used for decreasing debt to GDP ratio (25 percent
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Newsletter 70 - 15/04/2016
and strongly rebound by 2.7 percent in 2017. In addition, the jobless rate is seen remaining stable... on board, possibly with the IMF remaining as a technical adviser until the issue of debt relief has... to full-time employment, more than 38 percent to part-time and the remaining 16 percent to shift work
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Newsletter 94 - 04/11/2016
points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months... this year, while the jobless rate in Greece is expected to hardly move, remaining at the shockingly... be an oversimplification. There are particular reasons for the Greek economy remaining mired while Cyprus climbs out
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingin Q2) with the respective coverage ratio remaining stable at 50 percent, while the stock stood... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... coverage is seen remaining at current levels, around 50 percent. The management also sad that the joint
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Newsletter 122 - 09/06/2017
to pass on Friday a set of amendments relating to the remaining prior actions that need to be completed... by the banks, while the remaining are almost equally split between exposures past due for more than 90... percent in 2013 and further to 97.3 percent in 2016, remaining by far the highest in the EU. In its
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking. Having reduced its NPE stock by 3.3 billion so far, the remaining reduction stands at 5.1 billion... to 85.5 percent in Q2 from 87.3 percent in the previous quarter remaining the lowest among... that that the equity of the remaining South-Eastern Europe (SEE) assets to be divested stands
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Newsletter 153 -2/03/2018
Fourth review gets underway Government and lenders meet to discuss progress and work remaining... “objective” property values and the scrapping of the VAT discount on the remaining Greek islands... and the remaining 69 are due to be taken care of in May. The discussion in the coming weeks, though
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Newsletter 164 -01/06/2018
, the Greek government also has to move quickly to complete the fourth review’s remaining prior actions... on the remaining issues by the time the Eurogroup takes place a year later. According to reports this week..., totalling 23.15 billion euros. The remaining 8.72 billion concerned surcharges and penalties
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Multi-bill and MTFS heading to Parliament for conclusion of fourth review
EconomyProgrammeThe multi-bill containing the legislation that aims to wrap up the remaining prior actions is due... will be used for lowering taxes and 25 percent for increasing spending. In the remaining years... deliverables for the fourth review. The remaining legislation will be included in the omnibus bill, which
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