Karavias to JP Morgan: “No delays to the Cairo Project”

SSM guided for 25 RWA on senior tranche under Hercules protection scheme. Cairo project relates to the secularization  7.5 bn…

The view that Greek banks could – under a stress scenario – see inflows of new bad loans amounting to…

Despite the turmoil suffered by the economy due to the pandemic, the Finance Ministry, banks, and loan servicers have been drawing on all means, including the Hercules plan, to reduce existing non-performing loans and manage the new wave of bad debt expected.