ECONOMY

S&P says Greek banks’ NPEs to be reduced in 2023

S&P says Greek banks’ NPEs to be reduced in 2023

Rating agency Standard & Poor’s anticipates a further reduction in Greek banks’ total nonperforming exposures to 6.6% in 2023, from 8.6% this year, it projected on Thursday in a new report on the sector.

It also said new loans will continue to grow at a rate of 3% next year.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.