Bank of Greece records increase in NPLs stock by 8-10 billion euros

The stock of non-performing loans held by Greek banks is expected to grow by 8-10 billion euros because of the pandemic crisis, the Bank of Greece said in its Financial Stability Report released on Thursday, ANA reports.

NPLs dropped to 58.7 billion euros at the end of September from 68.5 billion at the end of 2019, however, they remained at very high levels (35.8 pct) compared with a 2.3 pct average rate in the EU.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Dimboukas

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