Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
Q3 sees loans managed by servicers rise by 10.8 pct QoQ to reach 20.11 bln
APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
BoG urges banks to improve quality of capital, re-doubles SPV efforts
Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
Piraeus became on Wednesday the third Greek bank to report a net loss in Q4 of 2015 after declaring a profit in Q3.
More specifically, Piraeus said its losses came to 1.24 billion euros in the final quarter of last year compared to profits of 502.3 million in Q3. Q4 results were burdened by a jump in loan impairments to 1.38 billion from 243.5 million in Q3 and a not...
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