NPLs
Bank of Greece to propose complete lifting of capital controls, discusses NPLs with PM
Bank of Greece Governor Yannis Stournaras has announced that the central bank will propose the full lifting of capital controls which were imposed in June, 2015, when Greece's second bailout memorandum had ended and the the Tsipras government was still refusing to sign a new memorandum with creditors and EU partners.
Fitch: Failure of Greek banks a real possibility
Fitch Ratings said in a statement on Tuesday that the Greek government?s intention to create a ?bad bank? is a positive step toward achieving reform because it recognized that high volumes of nonperforming loans (NPLs) are impeding new lending.
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Troika begins fifth review of bailed-out Cyprus economy
A delegation from the troika of international lenders Tuesday began its fifth assessment of Cyprus's economy and troubled banking system, focusing on the threat of bad loans.
Some 45 percent of all loans at Cypriot banks are classified as non-performing -- 27.1 billion euros from total lending of 60 billion euros, according to Cyprus Central Bank figures.