Student loans in the United States
Investbank Provides Loans for Undergraduate and Doctoral Students
From the beginning of the 2019/2020 academic year, Investbank will provide loans to undergraduate and doctoral students after concluding a contract with the Ministry of Education and Science for lending to undergraduate and doctoral students with state financial support. The student loan system guarantees access for young people to higher education, regardless of their social status.
Greek banks plan a series of loan settlements to achieve targets
A Bank of Greece interim monetary policy report for 2016 estimates that the number of non performing loans to be settled by Greek banks in 2016 will exceed 200,000. The report states that banks will opt to take this route, along with loan write offs, instead of liquidations and transfers. The report shows that long term loan settlements were up by 11%, amounting to 44% in the 9 months of 2016.