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Overdue loans to banks at 10 percent of overall loans in Sept. 2010

16 February 11 - RE+D Magazine

COMPANIES

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

Pepper Hellas

Consultant - GREECE

Eurobank Property Services

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

GAIAOSE S.A.

Agency - GREECE

PEOPLE

Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services

Overdue loans are on a constant rise with respect to both consumer and mortgage loans as well as business loans, according to the figures contained in the Bank of Greece's (BoG) Monetary Policy report released on Tuesday, while the report also predicted zero or negative growth rates in lending to households due to the economic crisis, which has affected both consumers, resulting in reduced demand, and banks, resulting in restricted liquidity for loan extension.

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