S&P: Greek covered and securitised bonds rated investment grade for first time since 2011
Improving trends in property market highlighted by central bank
BoG report outlines benefits of surveillance and scenarios for debt
Piraeus enters agreement for sale of 2.2 bln loan portfolio
BoG Monetary Policy Report positive on programme end but advises caution for future targets
The race to reduce Greece's bad loans
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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