A Market For NPL Resolution

Jens Bastian via Macropolis |  When the largest Greek banks (in terms of assets) published their second quarter results a fortnight ago, much investor attention was focused on the formation and breakdown of non-performing exposure (NPE) on their respective balance sheets. This focus is the result of regulatory authorities and investors wanting to know if the four systemic banks have started to reverse the multi-year trend of continuously rising “red loans” in their portfolios.


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US: Presidents And Economic Performance. Myths And Realities

In terms of economic performance, it’s easy to see the most successful US presidents have been Truman and Eisenhower, due to the high growth and low deficit under their presidency, followed by Kennedy-Johnson, and most of all Clinton, the best in all these areas: constant growth, low inflation, very low unemployment rate, diminshing deficit.


Price Vs Value In The Financial Industry

J.L.M. Campuzano (Spanish Banking Association) | The financial industry is stronger than it was…Yet it continues to be one of the most penalised sectors in the stock market. The recent stock market performance of the banks in the EMU has been the worst in terms of sector/región for the last 10 years.

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Bank of Greece

Three Stages To Greek Banks NPL Reduction

Citi Research | By end of Sep, all Greek banks would have finalised their NPL/NPE reduction target with BoG and SSM. We expect 40-50% reduction in Greece NPL stock and 35 -40% reduction in NPE by end of 2019 without big deviations among the large banks. We demonstrated in our earlier note that 50% NPL reduction is achievable. In this note, we break down the NPL reduction in three stages and dig deeper into the impact on capital and profitability.

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