Greek banks have seen a significant increase in revenue generated from non-performing loans (NPLs), often referred to as “red loans,” following the recent agreement between the United States and Iran. Cash flow from these distressed debt sales rose to approximately €1.4 billion, a substantial increase from the €1 billion recorded during the same period last year. This surge is attributed to improved market conditions and investor confidence linked to the easing of international sanctions on Iran. The deal has unlocked opportunities for the sale of NPL portfolios to international investors. Banks are capitalizing on this momentum to reduce their exposure to bad debts and strengthen their financial positions. This positive development signals a potential stabilization and recovery within the Greek banking sector, driven by external geopolitical factors. The increased revenue provides banks with greater capital to support lending and economic growth.