Piraeus eyes major NPE deal as banks remain focused on bad loans
Alpha Bank and Eurobank start new year with further bad loan sales
Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
NBG net profits decline to 8 mln in Q3, NPLs continue to fall
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
BoG highlights areas of concern in underlying NPE data
Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
Alpha Bank posted an increase in net losses to 440.2 million euros in the fourth quarter (Q4) of 2014 from 156.9 million in Q3.
Core pre-provision income (PPI) - excluding trading income and one-off expenses – fell 10.8 percent QoQ to 251.6 million euros from 282.2 million in Q3, mainly due to higher operating expenses.
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