Banking
Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1
Eurobank posted an adjusted net income of 759.7 million euros in the first half of 2022 (H1), compared to a profit of 195.1 million euros last year.
NBG profits narrow to 208 mln in Q1
National Bank of Greece (NBG) reported a profit after tax of 208 million euros from continued operations in Q1 2022, compared to a profit of 583 million euros in the same quarter of 2021, a drop of 64 pct.
Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
Alpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021.
Helped by trading gains, Eurobank posts 305 mln in Q1 profits
Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year.
Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
Piraeus Bank posted a net profit of 520 million euros in the first quarter (Q1) of 2022, from losses of 404 million euros last year, due to 829 million euros in clean-up impairments.
Loans managed by servicers rise by 7.54 bln in Q4 2021, nearing 80 bln
In the last quarter (Q4) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 79.74 billion euros, according to data released by the Bank of Greece (BoG) on Wednesday.
NBG reports profits of 833 mln in 2021
National Bank of Greece (NBG) reported a profit after tax of 833 million euros from continued operations in 2021, compared to a profit of 590 million euros in 2020, improving by 41 pct.
Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
Piraeus Bank posted a loss of 3.01 billion euros in 2021 due to impairments related to Covid-19 and the NPE clean-up in the form of loan securitisations and sales.
Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
Alpha Bank reported a net loss of 2.91 billion euros in 2021, compared to profits of 104 million euros in 2020, as the bank intensified efforts to rid its balance sheet of troubled assets through increased securitisation activity.
Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
Eurobank posted a net income of 328.5 million euros in the full 2021, compared to a loss of 1.22 billion euros the previous year. Adjusted net profit was 424.3 million euros, from profits of 538.1 million in 2020.