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NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII
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Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
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NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
BoG warns pandemic will leave trail of bad loans, hastening need for new tools
In its regular release cycle of the financial stability report on Thursday, Bank of Greece (BoG) stepped up its warnings regarding the pandemic’s impact on the Greek banking system.
Greece’s central bank notes that, according to its baseline scenario, the economy will shrink by 10 pct in 2020, before resuming a growth path of 4.2 pct this year and 4.8 pct in 2022. This is broadly in line with the Finance Ministry’s estimate of 4.8 ...
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