Banking

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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

Following the notable rise of 11.3 percent in the second half of 2015, the total number of payment cards in the Greek market rose by 3 percent in the first half of 2016 compared to the previous 6-month period and stood at 14.6 million at the end of June, the Bank of Greece said in its second semi-annual overview of the Greek financial sector.

Photo by MacroPolis NBG turns profitable in Q3, NPE stock drops further by 1 billion

National Bank of Greece (NBG) turned profitable again in the third quarter (Q3) of 2016 with a positive bottom-line result of 16 million from losses of 3.06 billion in Q2, which fully reflected a one-off loss of 3.1 billion related to the recycling of Finansbank’s losses that were previously recognised in other comprehensive income.

Results 1 to 10 out of 93.