In this report we include: 1) NPE reduction targets per bank; 2) Exercise showing Year 1 post securitizations announced; 3) Exercise showing Year 2 total clean-up of what NPEs are left…contact@researchgreece.com
Greek Banks Post NPE Securitizations – NBG Can Afford To Do More
December 3rd, 2019Eurobank: Reconciling RoTE of c.10% in 2020E
November 27th, 2019We use TBV of c. E5.2bn (2020E); c. 10% RoTE implies net income of E450m-E500m; reconciling this number requires…contact@researchgreece.com
Greek Equities +24% ytd: Now what? Q&A: 13 + 1
May 12th, 20171/ Post the rally, is anything appealing valuation-wise in Greece?
2/ Which other stocks may have upside risk on earnings/FCF?
3/ … to access this report contact@researchgreece.com
Greek Equities: 13 YRS / 19 non-banks; If History Is Any Guide
February 22nd, 2017We analyzed 13 years of financials (2004-2016) on 19 non-bank corporates to conclude that investors should keep the following stocks in their radars…to access this report contact@researchgreece.com
Cyprus problem solution warm or cold?
June 17th, 2016Following a year of intensive negotiations between the Greek-Cypriot leader, Mr. Anastasiades, and the Turkish Cypriot leader, Mr. Akinci, there seems to be ‘euphoria’ on a solution/settlement of the Cyprus issue. We believe the momentum … For a solution which goes to referendum to become effective … This note touches base on the issues of … In the meantime UN Secretary General Ban Ki-moon is meeting Tsipras tomorrow to discuss on Cyprus; earlier this month the president of Cyprus and Mr. Akinci announced they …to access this report contact@researchgreece.com