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Piraeus Bank Presents Healthy Outlook as it Cuts Exposure to Bad Loans

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Piraeus Bank, one of Greece’s four biggest lenders, reported a significant drop in its exposure of bad loans on Friday. “Our NPE (non-performing exposures) reduction plan is well on track with more than 90% of actions already executed. NPE reduction in the first nine months of the year amounted to 16 billion euros, bringing our […]

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