bad bank

Bank of Greece Considers Setting up “Bad Bank”

Due Diligence

The Bank of Greece, the central bank for the country, is considering setting up a “bad bank” in order to deal with sour loans that are weighing down the country’s banking industry. Thanks to the coronavirus pandemic the country has seen the number of non-performing loans (NPLs) surge at such a rate that the Bank…

commercial property

Commercial market insights | Covid-19 easing

Due Diligence

Looking again at the market sectors in and around the UK in light of Covid 19, this week we look at the commercial markets. Pretty much everything about the current economic contraction is unprecedented — but one very familiar phenomenon could be emerging that will extend and deepen the crisis. The health of the commercial…