BoG awaits go-ahead from DG Comp over NPL scheme
Eurobank’s NPL sales take major step with two transactions
Greek banks maintain focus on key areas as elections approach
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
Net profit of 87 mln for NBG in Q1
National Bank of Greece (NBG) posted net profit of 87 million euros in the first quarter (Q1) of 2016 from a loss of 2.05 billion in Q4 and 159 million a year ago.
Core pre-provision income (PPI) rose 21 percent quarter on quarter (QoQ), mainly reflecting lower costs related to pillar II bonds and reduced operating expenses.
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