Finance Archives - NPL Confidential

Νational Bank launches investor contacts on Frontier project

30 June 2020 Konstantinos Papagrigoris 0

The bank has started approaching investors in summer on the securitization of the Frontier project with non-performing loans more than 6 billion euros.

Credit growth accelerates at last…

29 June 2020 Christos N Konstas 0

The growth rate of the total credit extended to the economy accelerated in May, at +4.0% year on year versus

Extra cash for Greek Banks to finance real economy

22 June 2020 Christos N Konstas 0

An additional sum of 35 billion euros in liquidity has been secured by Greek banks. A significant portion of that

ECB: Greece Should Complete Reforms to Help Banks Reduce Bad Debt

19 June 2020 Christos N Konstas 0

In an interview, ECB’s representative for the Greek program Francesco Drudi said that the adoption of measures to contain NPEs is of ‘vital’ importance.

Digital on boarding now permitted in Greek Banking

18 June 2020 Christos N Konstas 0

With an Executive Committee Act, the Bank of Greece has allowed the digital on-boarding and opening of bank accounts in Greece.

Piraeus Bank NPEs stand over 24 billion Euros

2 June 2020 Christos N Konstas 0

Piraeus Bank reported that NPEs stood at 24.1 billion Euro at the end of March 2020 down from 24.5 billion

Stournaras insists: A bad bank is a necessity, ESM lending is not the end of the world…

26 May 2020 Editors 0

Bank of Greece Governor Yannis Stournaras talking in Parliament on Monday. stressed the need to seek and activate instruments such

Eurobank CEO on NPEs, Bad Bank and fresh capital needs

20 May 2020 Editors 0

Eurobank’s CEO Fokion Karavias estimated that Greek NPEs will increase due to the pandemic but the problem will be lower compared to the 10-year crisis and manageable.

New Debt Settlement Scheme underway

20 May 2020 Christos N Konstas 0

Greek Finance Ministry said it examines a new framework for supporting borrowers who are affected by the CoViD-19 crisis, with

What FITCH Ratings thinks of Greek Banks

19 May 2020 Editors 0

Fitch Ratings affirmed the Long-Term Issuer Default Ratings (IDRs) of the 4 systemic Greek banks, namely Alpha Bank (CCC+), Eurobank (CCC+), NBG