Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
Eurobank net profits at 56.3 mln in Q3 from continued operations
NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
Alpha Bank posts net profits of 4.7 mln in Q3
IMF consultation report pinpoints health of Greek banks as central to growth
Eurobank first to tackle NPL reduction via APS
NBG boosts capital base by selling total stake in Finansbank
National Bank of Greece (NBG) announced early on Tuesday that it has entered into a definitive agreement with Qatar National Bank (QNB) for the sale of a 99.8 percent stake in its Turkish arm Finansbank for a total consideration of 2.75 billion euros.
In addition, the group’s net loans are set to decrease by 17.5 billion euros to 46.3 billion after the transaction, while deposits are also set to be reduced by 13.9 billion to 41.9 billion. As a result, NBG would remain the largest Greek banking group ...
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