Bank of Greece Archives - NPL Confidential

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.

Eurobank: Bad debt in hotel sector at 370 mln euros

20 May 2020 Konstantinos Papagrigoris 0

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 0

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 0

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 0

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 0

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.

At 23.5 billion euros NPLs serviced by Credit Servicing Firms in 2019

16 March 2020 Christos Ziotis 0

Ιn the fourth quarter of 2019, the nominal value of loans of domestic residents serviced by domestic Credit Servicing Firms CSFs