Banking

Results 161 to 170 out of 173.

Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln

The recent publication of financial statements for the first quarter of 2014 by Greece's bank rescue fund, the Hellenic Financial Stability Fund (HFSF), revealed a profit of 1.45 billion euros for the period in question. However, the value of HFSF's shareholdings in Greece's core lenders has dropped dramatically.

Photo by MacroPolis Alpha Bank acquires Citigroup's retail banking unit in Greece

Alpha Bank announced today it signed an agreement for the acquisition of Citigroup’s Greek retail banking business, also including Diners Club of Greece. This is the second major Μ&Α transaction for Alpha after the acquisition of Emporiki Bank by Credit Agricole in 2012.

Photo by MacroPolis National Bank starts 2014 posting net profit of 181 mln in Q1

National Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net profit landed at 181 million from 27 million last year mainly reflecting soaring pre-provision income (up 25 percent) and receding impairment losses (down 15 percent).

Results 161 to 170 out of 173.