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Piraeus Bank Presents Healthy Outlook as it Cuts Exposure to Bad Loans
Piraeus Bank, one of Greece's four biggest lenders, reported a significant drop in its exposure of bad loans on Friday.
“Our NPE (non-performing exposures) reduction...
EU Approves Greece's Plan to Reduce Bad Loans
The European Commission approved on Thursday a Greek plan to reduce its bad loans at the country's banks by up to 30 billion euros...
Piraeus Bank, Intrum Join Forces to Tackle Greece's Bad Loans
Piraeus Bank, the leading lender in Greece, announced on Monday it has teamed up with Sweden's Intrum for the management of its 27-billion-euro ($30...
Piraeus CEO: Greek Banks to Significantly Reduce Bad Loans by 2021 (VIDEO)
The high level of bad loans in Greece is still the largest economic issue that the embattled nation needs to focus on, the head...
Bank of Greece Says Bad Loans Declined in 2017
Non-performing loans (NPLs) fell in 2017 and credit risk is down compared with previous quarters, but a further decline will depend on developments in Greece's...
IMF Says Cyprus Needs to Tackle Bad Loans
Cyprus needs to make reforms to cut the number of bad loans in the island's troubled economy, the IMF has said.
A post-bailout monitoring team...
Stress Testing for Bad Loans Hits Greek Banks
International pressure to make Greece's biggest banks increase their provisions against bad loans has seen the country's major institutions take up billions of euros...
Bad Loans Threaten Greek Recovery, Says ECB
The Greek economy is recovering, the stability programme is ending in August and a gradual loosening and lifting of capital controls is expected, Daniele...
EU: Greece has Almost Half of Eurozone's Bad Loans
Non-performing bank loans (NPLs) are a constant threat to the eurozone's banking system and a new report by the European Commission shows Greek institutions...
Bank of Greece Issues Warning on Bad Loans
The banking system is still susceptible to external financial dangers, the Bank of Greece (BoG) warned in a review of the Greek financial sector...