The selected targets and KPIs are both actionoriented and results-oriented and provide a granular view on the key asset quality metrics of the bank, on the management actions to reduce NPLs and on the effectiveness of these actions. In addition, following an extensive consultation with authorities and the industry, the reporting framework of the Bank of Greece has been upgraded accordingly.
When everyday investors start losing their life savings, for no reason except wanting to participate in a hot market, demands for collective action can mount quickly. History shows that there will be demands to make individual investors “whole” by socializing their individual losses.