Tags
NPLs
RSS-
H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingGreece’s systemic banks reached the end of the first half of 2019 with relatively strong performance and the further derisking of their balance sheets as efforts continued to offload bad loans.
-
Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingEurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net profits of 19.7 million in Q1.
-
NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations in the second quarter (Q2) of 2019, down from profits of 131 million euros reported in Q1.
-
BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingThe Bank of Greece (BoG) has reportedly finalised, in collaboration with Rothschild & Co, its plan for the reduction of bad loans on the books of the country’s systemic banks.
-
Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek PoliticsThe new Greek government is due to hold its first meeting with representatives from the European creditors on Monday as it tries to convince the institutions that it can proceed with its plans for tax cuts without putting the fiscal target at risk.
-
National Bank first to test market waters in post-election afterglow
EconomyIf the bull case for Greece includes a pro-business government rousing dormant animal spirits in markets, that part of the case is still sleeping off a post-election campaign hangover.
-
BoG report highlights economic challenges, proposes way forward
EconomyThe Bank of Greece (BoG) published on Monday its Monetary Policy Report for 2018 and 2019, which outlines the areas where there has been significant progress but it also highlights several risks and makes proposals that would free up the country’s potential to accelerate growth.
-
Eurobank’s NPL sales take major step with two transactions
EconomyBankingEurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing residential mortgage loans.
-
Greek banks maintain focus on key areas as elections approach
EconomyBankingGreece’s systemic banks are continuing tackling several key issues as the summer sets in and against the general tide of a pre-election slowdown.
-
NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBankingThe financial stability report published by Bank of Greece (BoG) on Tuesday details the credit risk in Greece’s banking system related to the major challenge of dealing with the stock of Non-Performing Exposures (NPEs).