News Feed PM on Bloomberg: Bad Bank can wait 18 June 2020 Christos N Konstas Comments Off on PM on Bloomberg: Bad Bank can wait In an interview with Bloomberg, referring to the bad bank option, Prime Minister Kyriakos Mitsotakis said: “it’s one option, but I don’t think…
Finance Piraeus Bank NPEs stand over 24 billion Euros 2 June 2020 Christos N Konstas Comments Off on Piraeus Bank NPEs stand over 24 billion Euros Piraeus Bank reported that NPEs stood at 24.1 billion Euro at the end of March 2020 down from 24.5 billion…
News Scope Ratings sees sharp slowdown in NPLs reductions from Greek lenders 23 March 2020 Christos Ziotis Comments Off on Scope Ratings sees sharp slowdown in NPLs reductions from Greek lenders European credit rating agency Scope Ratings sees a sharp slowdown in the pace in which Greece’s four systemic banks…
Featured At 8 bn. euros the stock of NPLs sold to funds in 2019 20 March 2020 Christos Ziotis Comments Off on At 8 bn. euros the stock of NPLs sold to funds in 2019 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.
Featured Concerns rise among banks. loans servicers over fresh spike in bad loans 12 March 2020 Konstantinos Papagrigoris Comments Off on Concerns rise among banks. loans servicers over fresh spike in bad loans Updated 2. The slowdown in the Greek economy caused by the coronavirus has triggered growing concerns among banks and…