Non-performing loan

New NPLs to reach 10 bln euros

The coronavirus pandemic will result in a new wave of nonperforming loans that could reach up to 10 billion euros, an online debate on bad loans heard on Wednesday. Most of them are expected to originate from the sum of recently rearranged loans that will turn nonperforming again.

Alpha Bank tackling NPLs and ‘turning the page’

Alpha Bank's management has designed a strategy to reduce nonperforming loans and transform the group so that it can "turn the page," the lender's CEO Vassilis Psaltis tells Kathimerini, stressing that the Greek economy is on a steady growth path and that the international investment community is regaining faith in the country's prospects.