The NPL ratio at National Bank of Greece and Eurobank Ergasias has dropped sharply in the past few years.
Western Europe
Latest articles from Greece

Piraeus proves Greece’s AT1 mettle
August 11, 2021The country’s first additional Tier 1 bond proves its banking sector is investible at all capital tiers.
Can Greece’s banks support its bold economic recovery plans?
May 11, 2021The government’s ‘Greece 2.0’ plan sets out ambitious investment goals, and the country’s lenders have a big role to play.

Greek banks shore up national recovery though risks remain
November 1, 2019In the year or so since Greece exited its last bailout programme, the country has made some important strides – but much work remains to be done.

Greek banks eye a return to normality
November 1, 2018Greece's banks are likely to remain cautious, even as their lending regime normalises.
Greece’s top banks: work to be done
August 28, 2018Exiting the eurozone’s rescue programme does not mean that Greece is out of the woods quite yet: the banks must still deal with their damaged balance sheets. Joy Macknight reports.
Greece inches toward recovery
October 2, 2017Capitalisation is a bright spot in the Greek banking sector, but asset quality and liquidity leave much to be desired. Danielle Myles looks at the data.

A QE salvation for Greece?
January 3, 2017There is cautious optimism that Greece's economy will return to growth in 2017, though much could happen over the next 12 months to quell these hopes. However, as Stefanie Linhardt reports, great importance is being attached to the country being given access to the ECB's quantitative easing programme.

Greek banks pin turnaround hopes on NPL resolution
January 3, 2017With deposits in Greek banks down substantially and unlikely to return soon, a top priority is to reduce the country’s non-performing loan burden, writes Stefanie Linhardt.
Six key steps towards resetting the Greek banking system
January 2, 2017As Greece works towards moving out of recession, the removal of capital controls are essential. But there should be strict conditions before this happens, warn Nikolaos I Georgikopoulos and Michael L Pinedo.