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
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
Eurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss of 175.3 million euros from a profit of 405.6 in Q3.
The previous quarter positive bottom-line result in fully attributed to non-recurring items, primarily the positive impact of 432 million from the change in the nominal tax rate from 26 to 29 percent on deferred tax asset (DTA).
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