Piraeus eyes major NPE deal as banks remain focused on bad loans
Alpha Bank and Eurobank start new year with further bad loan sales
Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
NBG net profits decline to 8 mln in Q3, NPLs continue to fall
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
BoG highlights areas of concern in underlying NPE data
Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
Alpha Bank concluded the reporting period of the four systemic Greek banks releasing its third-quarter (Q3) results on the last day of November.
The bank posted net profits of 41.1 million euros in Q3, from losses of 16.8 million in Q2. As a result, Alpha’s bottom-line result in the 9-month period turned positive, with net profits of 22 million from huge losses of 838.6 million in the correspond...
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