Exclusive: Greek banks plan record sale of bad loans as pressure mounts

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October 21, 2017 0 Comments

Exclusive: Greek banks plan record sale of bad loans as pressure mounts

ATHENS (Reuters) – Three of Greece’s largest lenders plan to sell up to 5.5 billion euros ($6.5 billion) in bad loans by early next year, sources said, as the country’s central bank chief called on the creaking banking sector to act faster to tackle its bad-debt problem.

Source: Exclusive: Greek banks plan record sale of bad loans as pressure mounts

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Tags: Alpha Bank, EU, Greek Banks, National Bank, Piraeus Bank, Reuters

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