Banks focus on reducing NPLs linked to property
NBG reports net profits of 131 mln in Q1, accelerating profitability
Piraeus Bank posts net profit of 185 mln in 2018
Alpha Bank posts net profits of 53 mln in 2018
NBG reports full year net profits of 50 million euros from continued operations
Eurobank net profits from continued operations fall by 12.2 pct in 2018
Piraeus snaps up share in MIG to complete series of corporate moves
Piraeus Bank announced on May 14 its third major corporate development in the last two months, following the successful completion of a 1.75-billion- euro capital increase in late March and a senior unsecured bond issue of 500 million in mid-March.
According to the announcement, Piraeus Bank will invest in Marfin Investment Group (MIG) by covering a convertible bond amounting to 250 million euros. The bond matures at the end of July 2019 and the conversion price stands at 0.54 euros, implying a pr...
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