BoG awaits go-ahead from DG Comp over NPL scheme
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Card usage gains traction with debit cards leading the way, BoG finds
Piraeus Bank issues Tier II bond to strong demand
NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
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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