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
One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
National Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related to Finansbank that were previously recognised in other comprehensive income as well as in equity and capital.
Excluding this extraordinary item, net losses stood at 26 million in Q2 from profits of 26 million in Q1.
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