DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime …
Read More »Greek bank Attica leads way to cut bad loans, boost capital
Bloomberg Greece’s larger banks can take a leaf out of Attica Bank’s playbook. While the country’s four big banks are struggling to shrink their non-performing exposures (NPEs), smaller lender Attica Bank has become Greece’s first to turn to securitization as a way to both shrink its bad loans and close a capital shortfall. The Athens-based bank is using the services …
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