Report on Operational Targets for Non-Performing Exposures

05/04/2017 - Press Releases

The Bank of Greece publishes today the second report on Operational Targets for Non-Performing Exposures (NPEs), which refers to end of December 2016 data. The scope of this report is to provide, on a quarterly basis, an aggregate summary on the developments of the operational targets and selected Key Performance Indicators (KPIs) that have been set by the Greek banks.

The recent upgrade of the reporting framework with the Bank of Greece Executive Committee’s Act 102/30.08.2016 has allowed supervising authorities to obtain on a quarterly basis a granular view on banks’ asset quality metrics and a view on actual metrics for the submitted operational targets and selected KPIs.

The report that is published today includes an extensive analysis of the targets set until December 2019 and also a comparison of the actual metrics to the operational targets that have been set for the period under review. A technical background on the targets is also included.