Galery

1

The total amount of loans granted by the banks in the two groups amounted to 255 billion euro. However, according to the agreement between BlackRock and the Bank of Greece, the purpose of the Diagnostic Assessment had been to cover the total Greek domestic loan portfolio and to exclude any possible foreign risk.

Thus, in its report, BlackRock excludes loans, amounting to 32 billion euro, granted by banks in Group A, by foreign subsidiaries or to foreign borrowers (not Greeks) or loans with collateral securities outside Greece.

In general, all loans to shipping companies remain within the scope of the report unlike intercompany loans. Therefore, the report by BlackRock does not include the rest of the 123.4 billion euro in loans consisting of loans amounting to 99.7 billion euro granted by banks in Group A and 23.7 billion euro granted by banks in Group B.