NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
Alpha Bank posts net profits of 97.1 mln in 2019
Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
Loans under credit servicing firms rise 17.1 pct QoQ to 23.54 bln
Eurobank net profits at 256.7 mln in 2019
Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
Piraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc.
Excluding this one-off item, recurring pre-provision income (PPI) improved by 8 percent QoQ to 288 million in Q2 on the back of a 5 percent rebound in core income mitigated by a rise in core expenses by 3 percent.
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