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Home2020August

Month: August 2020

Europe’s banks could take a $947 billion hit , consultancy Oliver Wyman says
News

Europe’s banks could take a $947 billion hit , consultancy Oliver Wyman says

3 August 2020 Editors

European banks are set to face credit losses of as much as 800 billion euros ($947 billion) in the next…

Bank of Cyprus sold €1.46 bn NPLs to PIMCO
News

Bank of Cyprus sold €1.46 bn NPLs to PIMCO

3 August 2020 Editors

The Bank of Cyprus announced the sale of €916 m in NPLs το  PIMCO. The sale is part of the…

Electronic platform sorting out Katseli cases going ahead
News

Electronic platform sorting out Katseli cases going ahead

3 August 2020 Konstantinos Papagrigoris

The legislative initiative will state that all those who have a pending application will have to resubmit it on the online platform by the end of the year – where they will be automatically checked for their reliability – which is scheduled to start operating in early October.

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