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HomeBank of Greece

Bank of Greece

Greece plans to minimize exposure to ESM loans at higher cost
Finance

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
News

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
Featured

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
Featured

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.

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

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

16 March 2020 Christos Ziotis

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

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