Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
Bank branches fall in 2016, degree of concentration highest in EU
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
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.
The amount reported HFSF's Q1 financial statements is attributed to accounting gains (unrealized capital gains) of 1.43 billion from bank holdings and warrants.
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.