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
Sallas exit from Piraeus marks end of era in Greek banking sector
Michalis Sallas, the non-executive chairman of Piraeus Bank, resigned during a Board of Directors (BoD) meeting on Wednesday afternoon, marking the end of an era in the Greek banking sector.
Sallas said he had informed the institutions about his decision to leave since the beginning of the year but delayed putting it into effect until the assessment of banks’ BoD members by the Hellenic Financial Stability Fund (HFSF), which was concluded r...
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