Bank of Greece

The Bank of Greece publishes today the report on Operational Targets for Non-Performing Exposures (NPEs), which refers to end of December 2017 data. The report provides, 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 in relation to NPEs compared to the targets set in September 2017. Based on the reporting framework, as defined by the Bank of Greece (Executive Committee's Act 102/30.08.2016), supervising authorities 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 as an appendix.