BoG sees ample capital space for banks to sell bad loans
Clearer picture emerging ahead of stress tests, banks appear confident
Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
NBG concluded on Tuesday the release of Greek core banks’ fourth quarter (Q4) results, posting net losses of 2.05 billion euros from 401 million in Q3.
The deterioration in bottom-line results reflects:
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