Bank of Greece Archives - NPL Confidential

The banking sector has improved its asset quality and profitability ratio

24 June 2022 Phil Karametos

The 3rd Institutional Management Conference is the institutional forum of the professional management market of collective investments and portfolio investments.…

Half of debt restructurings made by servicers for funds cover the long term

14 June 2022 Editors

Half the debt arrangements made by management companies on behalf of funds are set for the long term. According to…

Digital on boarding now permitted in Greek Banking

18 June 2020 Christos N Konstas

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

Eurobank: Bad debt in hotel sector at 370 mln euros

20 May 2020 Konstantinos Papagrigoris

The bank has applied for the guarantees from Hercules for all three Cairo titles and for the first two, the issue is expected in the coming days. The doValue deal is also expected in the coming days.

Greece plans to minimize exposure to ESM loans at higher cost

29 April 2020 Editors

Updated The Greek government aims to avoid -or minimize to the least- the support from the ESM. In this context…

Greek banks borrowed 12.35 billion euros from the ECB in March

15 April 2020 Editors

Greek banks’ ECB borrowings (entirely LTROs) rise by EUR4.75bn month on month in March. Funding to Greek lenders provided entirely…

Hoteliers are divided in two over their debt servicing due to the coronavirus crisis

11 April 2020 Editors

Government, will contribute for the support of all sectors of economy
(including the tourism sector) affected by the coronavirus crisis, up to 7 billion euros.

At 8 bn. euros the stock of NPLs sold to funds in 2019

20 March 2020 Christos Ziotis

NPL rate still high at 40,3%. ***In total NPLs of 10.06 bill.euros are under legal protection. ***
29.7% of mortgages NPLs are now under a legal protection scheme.