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 plan is well on track with more than 90% of actions already executed. NPE reduction...
Greek Banks' NPEs Ease Slightly in Q3 2016
Non-performing exposures by Greek banks eased slightly in the third quarter of 2016, but banks continue facing significant difficulties in the management of NPEs, the Bank of Greece said in a report released. The central bank, in a report on...