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At stage 1 and stage 2, ie as high risk loans according to IFRS 9, 13% and 20% of the loans are classified respectively.

In HI 2021 recorded a sharp decline in both the overall level of non-performing loans (NPLs) to EUR29.4 billion at end-June from EUR47.2 billion at end-2020 and the sector NPL ratio (20.3% from 30.1%).

According to sources from the VDR of Attica Bank, a total of thirteen interested parties came to request information, one of which shortly before the closing of the procedure.

The 6.1-billion-euro securitization of non-performing loans has been awarded for a price of 165 million euros to the doValue-Bain Capital-Fortress consortium.

The program will be extended until the end of December with a reduction in the state subsidy by 40% for the last quarter of the year.

Bain, Fortress, and Canadian Professional Insurance Broker (CPIB, which allegedly teamed up with a local servicer, possibly Cepal) had tabled binding bids in the proces

According to Fitch, Eurobank and the National Bank are ahead in the effort to consolidate their balance sheets

About 150 employees from the National Bank will be transferred to the loan servicer together with the 6-billion-euro loan package