Friday December 19, 2014 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
NPLs swell to 65 bln euros, says PwC report

By Yiannis Papadoyiannis

Nonperforming loans (NPLs) have grown this year to more than twice the size of local banks’ capital, as, according to a report by PricewaterhouseCoopers (PwC), they now amount to 65 billion euros, while the capital base of domestic lenders stands at 30 billion euros.

PwC added that the share of bad loans has exceeded 30 percent of all loans issued, up from 25 percent at end-2012 and 18 percent at end-2011.

However, Greek banks are very reluctant to sell their bad assets due to the very low prices that investors are offering. Bank officials have told Kathimerini that the offers they have been quoted would make the sale of bad loan portfolios practically pointless.

ekathimerini.com , Thursday October 31, 2013 (22:48)  
Hollande suggests he and Merkel will move jointly to help Greece
IMF postpones Cyprus loan tranche after foreclosure law
Importers told to pay up in advance
Jobless rate posts steady decline
Parliament´s ethics panel mulls Haikalis´ bribery claims, peruses video
Parliament's ethics committee convened on Friday afternoon to discuss claims by independent Greeks MP Pavlos Haikalis that a middleman tried to bribe him so he would vote for the coalition's...
ND rebuffs bribery claims, says alleged mediator was adviser to Kammenos
Responding to claims by Independent Greeks leader Panos Kammenos that a mediator tried to bribe one of his MPs, Pavlos Haikalis, to vote for the coalition's candidate for president, New Demo...
Inside News
SOCCER
PAOK loss at Giannina brings Olympiakos to within a point
The bad losses that PAOK and Panathinaikos suffered on the road on Thursday allowed Olympiakos to gain significant ground on the table and come to within one point from the top after the mid...
BASKETBALL
Reds lose in Turkey to motivated Galatasaray
Olympiakos went down at Galatasaray 79-74 on Thursday for its second defeat in the first round of the Euroleague that ended with the Reds topping their pool with eight wins in 10 games. With...
Inside Sports
COMMENTARY
New weapons of diplomacy
Hollywood screenwriters couldn’t make it up: That Sony, one of the world’s biggest film producers, would be forced to pull a comedy about the assassination of North Korea’s dictator after a ...
EDITORIAL
Oblivious to change
The world around us is undergoing many important changes while we sit around stewing in our own juices. US President Barack Obama is actually talking with Cuba’s Raul Castro, for example, bu...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Hollande suggests he and Merkel will move jointly to help Greece
2. Parliament´s ethics panel mulls Haikalis´ bribery claims, peruses video
3. ND rebuffs bribery claims, says alleged mediator was adviser to Kammenos
4. GD´s Kasidiaris charged for recording chat with ex PM aide
5. Independent Greeks leader backs MP´s bribery claims, threatens to release video [Update]
6. Ministry rebuffs reports that Amphipolis skeleton has been identified
more news
Today
This Week
1. Independent Greeks MP Haikalis claims attempted bribery for presidential vote
2. Greek PM Samaras confronts peril putting his Greek transformation to vote
3. Ship with 200 migrants off Pylos towed to Italy after passengers refuse to stop in Greece
4. Gov't spokeswoman says bribery claims 'badly-played charade,' heralds legal action if evidence not produced
5. Former premier Mitsotakis to meet President Papoulias to discuss political upheaval
6. Independent Greeks leader backs MP's bribery claims, threatens to release video [Update]
Today
This Week
1. Juncker warns Greeks against voting 'extreme forces' into power
2. Romanos and the dilemma
3. Samaras summons bond vigilantes with euro exit talk
4. A friendly yet firm message from Pierre Moscovici
5. High stakes
6. Europe's drama in Greece needs final act to avoid tragedy
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.