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Ten Former Attica Bank Officials, Employees, Charged With Breach of Duty Over Loans
Ten former bank officials and employees of Attica Bank have been charged with breach of trust against a banking institution by a corruption prosecutor...
Banks Concerned About January's Spike in Non-performing loans
Banks are becoming increasingly concerned about Greece's sudden rise in new bad loans since Janauary of this year.
Banks sources have reported that the spike...
Parliament Committee Concludes Discussions into Bank Loans to Political Parties and Media
A Parliamentary investigating committee looking into the legality of bank loans to political parties and the media officially concluded its nine-month inquiry on Monday,...
Greek House Committee Finds No Criminal Allegations Against Loans Given to Political Parties, Media Owners
A parliamentary committee decided that there is no evidence of criminal activities regarding loans given by Greek banks to political parties and media organizations...
Inquiry Committee Examining Bank Loans Granted to Political Parties to Present Report on Jan. 23
The committee of inquiry examining the legality of loans granted by banks to political parties will submit its final report to the parliament president...
Bad Loans Legislation After 'Complex' Consultations Between Institutions and Greek Authorities
Greece's legislation on bad loans is a result of "complex" consultations between the institutions and the Greek Authorities, European Commission spokesman Margaritis Schinas said...
Juncker Exposes the Greek Government's Initiative to Sell Off 'Red Loans'
European Commission President Jean-Claude Juncker said that it was Greece's decision to sell the non-performing loans (NPLs) to foreign funds. Juncker refuted that the Greek...
Attica Bank Under Investigation for Scandalous Loans
The Bank of Greece is about to place Attica Bank under supervision after the exposure of numerous suspicious loans and losses, involving a tenderer...
Non-Performing Loans at Greek Banks Receive Boost by Lenders
According to sources, four systemic banks in Greece recorded new non-performing loans (NPLs) provisions in Q2, showing a significant increase from Q1.
The four banks...
Cypriot Deposits Increase for 4th Consecutive Month, Loans Reach 7.5-Year Low
Cyprus' bank deposits increased in July this year for the fourth consecutive month, data released by the country's central bank showed on Friday. Total...