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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomythat the NPL ratio is expected to drop by 18 percentage points (pp) from 38 percent in June to 20 percent in 2019. More than three quarters of the NPE and two thirds of the targeted NPL reduction
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Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
EconomyMacroeconomy-performing loan (NPL) reduction goals for the first time. NPE stock was reduced by 900 million euros... or by 38.1 billion over the same period. The bulk of the estimated NPE and NPL reduction is back-loaded
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Portugal, market access and programme exit
Agorathat you should assure the banking sector problems (NPL, profitability and capital) are dealt within... in 2016. Portugal still has one of the highest NPL ratios in the eurozone, and is still struggling
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Review demands put spotlight on Greek banks
EconomyBanking’ ability to grow out of their NPL problems.” The Fund is concerned about the strength of Greek banks... for liquidations. According to the plans submitted by banks, most of the estimated NPE and NPL reduction
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Newsletter 132
at 276 mln in August State of Greek banks regarding NPL reduction remains a concern for the IMF... to grow out of their NPL problems.” The IMF is concerned about the strength of Greek banks capital
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Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
EconomyMacroeconomy, which is 1.6 billion lower than the target of 95.9 billion. NPL stock came to 65.1 billion, which... of the estimated NPE and NPL reduction is back-loaded and is expected to be implemented this year
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomyof 93.6 billion. NPL stock came to 63.9 billion, landing exactly on target for the quarter... of the estimated NPE and NPL reduction is back-loaded and is expected to be implemented this year
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgrammeframework that will allow banks to reduce their NPL exposure such as the household and corporate insolvency law, out-of-court workout, NPL sales and e-auctions. Greece also commits to implementing
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingcombined NPE and NPL stock to stand at 25.9 billion by the end of the year, and to fall further... (QoQ) to 92.4 billion, 1.3 billion lower than the target of 93.6 billion. NPL stock came to 63.9
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IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
EconomyProgrammesystem should remain as banks continue to reduce their high stock of non-performing loans (NPL) and the executive board urges banks to pursue even more ambitious NPL reduction targets, take full
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