Tags
NPLs
RSS-
EconomyMacroeconomy
Credit contraction slows to 1.3 pct in Sept, balance at 176.83 bln Credit contraction in the Greek market came to 1.3 percent in September compared to a contraction of 1.5 percent in August, Bank of Greece (BoG) figures showed on Thursday.
-
EconomyBanking
Banks submit new NPL targets to SSM, with sales leading way in reduction drive Greece’s four systemic banks have submitted new Single Support Mechanism (SSM) guidelines on Friday, under which the banks’ bad loans will be tackled.
-
EconomyMacroeconomy
Credit contraction stays at 1.5 pct in August, balance reaches 177.44 bln Credit contraction in the Greek market came to 1.5 percent in August, unchanged from July, Bank of Greece (BoG) figures showed on Thursday.
-
EconomyBanking
Mortgage loans a key piece of NPL reduction puzzle The persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions.
-
EconomyMacroeconomy
Banks on track with NPE targets in Q2 as sales play bigger role Greek banks succeeded in meeting their non-performing exposure (NPE) reduction target in the second quarter (Q2) of 2018 according to the eighth quarterly report on operational targets for NPEs published by the Bank of Greece (BoG).
-
EconomyBanking
Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated Piraeus Bank’s second quarter (Q2) results showed that net profits from continued operations came to 24 million, recovering from a loss of 80 million euros in Q1.
-
EconomyBanking
NBG remains profitable in Q2 with net results of 21 mln National Bank of Greece (NBG) reported a net profit of 21 million euros from continued operations in the second quarter (Q2), very slightly improving on net profits of 20 million in Q1.
-
EconomyBanking
Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall Eurobank recorded net profits of 1.1 million euros in the second quarter (Q2) of 2018 compared to profits of 34.5 million in the previous quarter.
-
EconomyBanking
Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1 Alpha Bank reported a net loss of 52.9 million euros in the second quarter (Q2) of the year, attributable entirely from profits originating from continued operations. The results reverse profits of 65.2 million euros noted in the first quarter of the year.
-
EconomyMacroeconomy
Credit contraction at 1.5 pct in July, balance at 177.56 bln Credit contraction in the Greek market deepened to 1.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures released on Tuesday showed.